In re MID-AMERICA PETROLEUM, INC., et al., Debtors.
MID-AMERICA PETROLEUM, INC., et al., Plaintiffs,
v.
ADKINS SUPPLY, INC., et al., Defendants.
United States Bankruptcy Court, N.D. Texas, Lubbock Division.https://leagle.com/images/logo.png
March 1, 1988.
March 1, 1988.
Attorney(s) appearing for the Case
Nicholas Katsonis, Palmer & Palmer, Dallas, Tex., for debtor.
T. Ray Guy, Jenkens & Gilchrist, Dallas, Tex., for FDIC.
J. Robert Forshey, Cantey, Hanger, Gooch, Munn & Collins, Fort Worth, Tex., for various M & M claimants.
Scotta E. McFarland, Thompson & Knight, Dallas, Tex., for Halliburton Co.
Michael G. Kelley, Hollman, Lyon, Patterson & Durrell, Inc., Odessa, Tex., for Watson and Associates of Midland, Inc.
David L. Patterson, Maxwell, Godwin & Carlton, Dallas, Tex., for WellTech, Inc.
Darrell Smith, Smith & Shackelford, P.C., Midland, Tex., for Linco-Electromatic, Inc.
Darrell W. Moore, Wagstaff, Alvis, Stubbeman, Seamster & Longacre, Abilene, Tex., for West Texas Utilities Co.
Neil J. Orleans, Wise, Stuhl, Andres, Orleans & Morris, Dallas, Tex., for Dowell Schlumberger, Inc.
Morris Reese, Jr., Logan, Lear, Gossett, Harrison, Reese & Wilson, San Angelo, Tex., for Falcon Well Service Co.
Walter C. Kellogg, Trustee-in-Bankruptcy, Dallas, Tex., Trustee for MAP.
Daniel C. Stewart, Winstead, McGuire, Sechrest & Minick, Dallas, Tex., for trustee.
Harrel L. Davis, III, Grambling & Mounce, El Paso, Tex., for Unsecured Creditors Committee.
United States Bankruptcy Court, N.D. Texas, Lubbock Division.
MEMORANDUM OF OPINION
JOHN C. AKARD, Bankruptcy Judge.
Mid-America Petroleum, Inc. (Debtor) was the operator of several oil and gas leases and owned a working interest in wells on each lease it operated. When the Debtor did not make timely payment to parties who furnished labor and materials on these wells, they filed mechanic's and materialmen's liens (M & M liens).1 Thereafter the...
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