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  5. 771 P.2d 781 (1989)
 

TRUE OIL CO. v. SINCLAIR OIL CORP.

Nos. 86-151, 86-187.

771 P.2d 781 (1989)

TRUE OIL COMPANY, a Wyoming partnership, Appellant (Plaintiff), v. SINCLAIR OIL CORPORATION, a Wyoming corporation, Appellee (Defendant). SINCLAIR OIL CORPORATION, a Wyoming corporation, Appellant (Defendant), v. TRUE OIL COMPANY, a Wyoming partnership, Appellee (Plaintiff).

Supreme Court of Wyoming.

Rehearing Denied May 8, 1989.

Attorney(s) appearing for the Case

Richard E. Day and Houston G. Williams of Williams, Porter, Day & Neville, P.C., Casper and R. Stanley Lowe and John J. Blomstrom of True Oil Co., Casper, for True Oil Co.

V. Anthony Vehar and Roy A. Jacobson of Vehar, Beppler, Jacobson, Lavery & Rose, Kemmerer, Rene P. Lavenant, Jr. and M.W. Parse, Jr. of Fulbright & Jaworski, Houston, Tex., and Peter M. Johnson of Sinclair Oil Corp., Salt Lake City, Utah, for Sinclair Oil Corp.

Before CARDINE, C.J., and THOMAS, URBIGKIT, and MACY, JJ., and BROWN, J., Retired.

URBIGKIT, Justice.

We consider an appeal and cross-appeal from the trial court determination of rights, interests, and obligations arising from an agreement to drill an expensive and unsuccessful exploratory wildcat oil well in the northern overthrust belt of western Wyoming.

The agreement, initially orally and later reduced to writing, was negotiated between the two individuals — H.A. (Dave) True, Jr. for True Oil Company (True Oil), appellant/cross...

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