CARTER BARON DRILLING v. EXCEL ENERGY CORP.

Civ. A. No. 82-A-2232.

76 B.R. 172 (1987)

CARTER BARON DRILLING, a Canadian partnership, Plaintiff, v. EXCEL ENERGY CORPORATION, a Utah corporation, EDP Operating, Ltd., a Colorado limited partnership, John L. Kemmerer, Jr., Knee Hill Energy, Inc., a Colorado corporation, Lexicon Resources Corporation, a Colorado corporation, Meridian Oil, Inc., a Delaware corporation, The National Oil Company, Inc., a Kansas corporation, Natomas North America, Inc., a California corporation, North Central Oil Corporation, a Delaware corporation, Richard T. Rigo, Trans-Texas Energy, Inc., a Delaware corporation, Triumph Energy, Inc., a Louisiana corporation, Winchester Energy, Inc., a Texas corporation, Defendants and Third-Party Defendants, v. BADGER OIL CORPORATION, a Louisiana corporation, Defendants and Third-Party Plaintiff, v. EXCEL ENERGY CORPORATION, a Utah corporation, EDP Operating, Ltd., a Colorado limited partnership, John L. Kemmerer, Jr., Knee Hill Energy, Inc., a Colorado corporation, Lexicon Resources Corporation, a Colorado corporation, Meridian Oil, Inc., a Delaware corporation, The National Oil Company, Inc., a Kansas corporation, Natomas North America, Inc., a California corporation, North Central Oil Corporation, a Delaware corporation, Richard T. Rigo, Trans-Texas Energy, Inc., a Delaware corporation, Triumph Energy, Inc., a Louisiana corporation, Winchester Energy, Inc., a Texas corporation, Third-Party Defendants.

United States District Court, D. Colorado.

July 10, 1987.


Attorney(s) appearing for the Case

William G. Imig, Neal S. Cohen, Ireland, Stapleton & Pryor, Denver, Colo., for Carter Baron Drilling.

Edward D. White, Phillip D. Barber, Welborn, Dufford, Brown & Tooley, Denver, Colo., for Badger Oil Corp.

Thomas Johnson, Rufus O. Wilderson, Mayer, Brown & Platt, Denver, Colo., for Excel Energy Corp., et al.


MEMORANDUM OPINION AND ORDER

ARRAJ, District Judge.

This matter is before the court on third-party plaintiff Badger Oil Corporation's (Badger) motion for release of letters of credit, supersedeas bond and cash deposit. Oral argument was heard on June 19, 1987. At that time, the court ordered the Clerk to release and deliver to Badger two letters of credit posted on behalf of defendants Richard J. Rigo and John L. Kemmerer, as well as a supersedeas bond posted...

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