GARFIELD v. TRUE OIL CO.

No. 81-1222.

667 F.2d 942 (1982)

Samuel S. GARFIELD and Allard Roen, Plaintiffs-Appellants, v. TRUE OIL COMPANY, a partnership, H. A. True, as a general partner of True Oil Company, Jean D. True, as a general partner of True Oil Company, and Toolpushers Supply Company, a corporation, Defendants-Appellees.

United States Court of Appeals, Tenth Circuit.

Decided January 7, 1982.


Attorney(s) appearing for the Case

Richard J. Stall, Jr., of Smith, Stall, Goldstein & Boserup, Los Angeles, Cal. (Urbigkit & Whitehead, P. C., Cheyenne, Wyo., with him on the brief), for plaintiffs-appellants.

Richard E. Day, of Williams, Porter, Day & Neville, Casper, Wyo. (R. Stanley Lowe, Casper, Wyo., with him on the brief), for defendants-appellees.

Before SETH, Chief Judge, BREITENSTEIN, Circuit Judge, and KUNZIG, Judge.


SETH, Chief Judge.

This was a suit on a Net Profits Contract brought against the entities having the obligation to develop for oil and gas the property covered by the net profits agreement. The plaintiffs asserted that the accounting for the sale or transfer of oil field equipment was not in accordance with the contract and also that the sale of production by the operator was to an affiliate which resold it at an increased price.

The trial court found for...

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