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IN RE LONGHORN 1979-II DRILLING PROGRAM

Bankruptcy No. Bk-83-01901-A.

32 B.R. 923 (1983)

In re LONGHORN 1979-II DRILLING PROGRAM, an Oklahoma limited partnership, Debtor.

United States Bankruptcy Court, W.D. Oklahoma.

September 13, 1983.

Attorney(s) appearing for the Case

John C. McMurry, Oklahoma City, Okl., Ernest W. Lohf of Lohf & Barnhill, and H. Thomas Coghill of Coghill & Goodspeed, Denver, Colo., for petitioners.

Myron M. Sheinfeld and Nancy E. Friedman of Sheinfeld, Maley & Kay, Houston, Tex., Murray E. Abowitz and Noma D. Gurich of Abowitz & Welch, Oklahoma City, Okl., for debtor.

DECISION AND ORDER

RICHARD L. BOHANON, Bankruptcy Judge.

The partnership debtor has moved to dismiss this involuntary petition brought by petitioners who allege they are requisite holders of claims. The motion is filed pursuant to BR 1011(b) which incorporates Rule 12(b) F.R.Civ.P.

It appears from the petition that debtor is a limited partnership formed to drill for oil and gas and sold securities to raise funds for that purpose. Petitioners purchased...

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