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GEARHART-OWEN IND. v. PANHANDLE PRODUCTION

No. 80CA0214.

624 P.2d 355 (1980)

GEARHART-OWEN INDUSTRIES, INC., Plaintiff, v. PANHANDLE PRODUCTION COMPANY, a Colorado corporation; Robert W. McDowell, Jr., Defendants, Halliburton Company, Defendant-Appellee, and Dresser Industries, Inc., Defendant-Appellant.

Colorado Court of Appeals, Div. I.

Rehearing Denied December 11, 1980.

Certiorari Denied February 17, 1981.

Attorney(s) appearing for the Case

Shaw, Spangler & Roth, Robert C. Roth, Jr., Edward C. Moss, Denver, for defendant-appellee.

Lohf & Barnhill, P. C., Matthew D. Skeen, Denver, for defendant-appellant.

KIRSHBAUM, Judge.

Dresser Industries, Inc., appeals from the trial court's entry of summary judgment granting Halliburton Company's claim to the proceeds from the sale of certain property. We reverse.

The following facts are undisputed. Both companies supplied labor and materials to Panhandle Production Company for development of an oil and gas well. Panhandle experienced financial difficulties, and on July 9, 1976, Dresser filed a lien statement against the...

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