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HOLT OIL & GAS CORP. v. HARVEY

No. 85-1491.

801 F.2d 773 (1986)

HOLT OIL & GAS CORPORATION and Faywin Investments, Pty. Ltd., Plaintiffs-Counter Defendants-Appellees, v. Ralph L. HARVEY, Defendant-Counter Plaintiff-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied November 19, 1986.

Attorney(s) appearing for the Case

Roger E. Beecham, Stigall & Maxfield, Benjamin Raye Collier, Mark D. Foster, Dallas, Tex., Fellers, Snider, Blankenship, Bailey & Tippens, Harry H. Selph, II, Oklahoma City, Okl., for defendant-counter plaintiff-appellant.

C. Steven Matlock, Jr., Jackson, Walker, Winstead, Cantwell & Miller, Dallas, Tex., for plaintiffs-counter defendants-appellees.

Before WISDOM, JOHNSON, and HIGGINBOTHAM, Circuit Judges.

JOHNSON, Circuit Judge:

Ralph Harvey appeals from the district court's judgment in favor of Holt Oil & Gas Company ("Holt") in this diversity action. Finding Harvey's contentions unpersuasive, we affirm the judgment of the district court.

I.

This lawsuit arises out of an ill-fated oil and gas drilling venture in northwestern Oklahoma. The plaintiff, Holt Oil & Gas Company,1

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