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EAGERTON v. TERRA RESOURCES, INC.

81-128.

426 So.2d 807 (1982)

Ralph P. EAGERTON, Jr. as Commissioner of Revenue of the State of Alabama v. TERRA RESOURCES, INC., et al.

Supreme Court of Alabama.

Rehearing Denied February 11, 1983.

Attorney(s) appearing for the Case

Charles A. Graddick, Atty. Gen., Herbert I. Burson, Jr., Gen. Counsel, and John J. Breckenridge, Asst. Counsel, Dept. of Revenue and Asst. Attys. Gen., for appellant.

Rae M. Crowe and Roy W. Scholl, III of Armbrecht, Jackson, DeMouy, Crowe, Holmes & Reeves, Mobile, and Euel A. Screws, Jr. of Copeland, Franco, Screws & Gill, Montgomery, for appellees.

ALMON, Justice.

This appeal necessitates further interpretation of the oil and gas severance tax statute which was the subject of Eagerton v. Exchange Oil and Gas Corporation, 404 So.2d 1 (Ala.1981). The question is whether an exception in the statute swallows the rule as to gas producers. We hold that it does not, and reverse.

Terra Resources, Inc. (Terra), Petroleum Corporation of Texas (PETCO), and other companies...

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