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STEVENSON v. BARNES

No. 85-184.

702 S.W.2d 787 (1986)

288 Ark. 147

William G. STEVENSON et al., Appellants, v. Lillie Belle Wood BARNES, Appellee.

Supreme Court of Arkansas.

February 3, 1986.

Attorney(s) appearing for the Case

James J. Calloway, El Dorado, for appellants.

J.S. Brooks, El Dorado, for appellee.

GEORGE ROSE SMITH, Justice.

In 1984 the appellee brought this suit to cancel a 1976 oil and gas lease on the ground that the appellant Stevenson, the lessee by assignment, has violated the implied covenant to develop the leasehold for the production of oil and gas. Stevenson asserts that he has acted as a prudent operator. The land covered by the lease consists of three contiguous 40-acre tracts lying in a north-south line. The chancellor canceled the lease as to...

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