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PRODUCERS OIL CO. v. GORE

No. 54519.

610 P.2d 772 (1980)

PRODUCERS OIL COMPANY, Appellant-Plaintiff, v. Theodore GORE and Shirley K. Bernstein, Appellees-Defendants.

Supreme Court of Oklahoma.

Rehearing Denied May 19, 1980.

Attorney(s) appearing for the Case

Holliman, Langholz, Runnels & Dorwart, Rosenstein, Fist & Ringold, Tulsa, for appellant-plaintiff; Frederic Dorwart, J. Michael Medina, and A.F. Ringold, Tulsa, of counsel.

Conner, Winters, Ballaine, Barry & McGowen, Tulsa, by John S. Athens, J. Denny Moffett and Douglas L. Inhofe, Tulsa, for appellees-defendants.

DOOLIN, Justice:

Producers Oil Company (Operator) is successor in interest to certain operating agreements covering oil and gas leases in Carter County, Oklahoma. Theodore Gore (Non-Operator) is the owner of an undivided 1/6 working interest in the leases covered by the agreements. The agreements, executed in 1956, contained the following provision:

15. "Should any Non-Operator desire to sell the interest, or any part thereof, owned by such Non-Operator in...

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