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LPCX CORP. v. FAULKNER

No. 60828.

818 P.2d 431 (1991)

LPCX CORPORATION and Jon R. Withrow, Appellees, v. Diane FAULKNER, R. Kevin Leonard, David E. Palm, Greg L. Cook, Ran Ricks, Jr., Pat O'Shea, Tom R. Gray, III, Ed DeCordova, Toole-Walker Exploration, Larry Fryer, Richard Winzeler, Jack Rusher, Hoenig-Porter, Ltd., James A. Anderson, Rick Russell, James A. Kirk, Donald Resler, M.D., Robert O. Buchanan, Jerral W. Jones, Homer L. Lawson, Ricks Drilling Program 1976-2, Bill J. Sparks, Don Mathis, Jane Mathis, Susan Emerick, R.R. Robinson Trust, and Larry Mullinix, Additional Appellees, v. RED EAGLE OIL CO. and Harry Johnson, Appellants.

Supreme Court of Oklahoma.

Rehearing Denied June 25, 1991.

Attorney(s) appearing for the Case

H.B. Watson, Jr., Sharon L. Taylor, Watson & McKenzie, Oklahoma City, for appellants.

James M. Chaney, Kirk & Chaney, Oklahoma City, for appellee LPCX Corp. and additional appellees.

Gregory L. Mahaffey, Arthur W. Schmidt, Mahaffey & Gore, Oklahoma City, for appellee Jon R. Withrow.

HARGRAVE, Justice.

The present action, brought in the District Court of Major County, results from the development and operation of the Chester Young No. 1 well in Major County, Oklahoma. Prior to the drilling of this well, the leasehold was owned by Lenard Palm and Cook Exploration. Before drilling, LPCX sold its 50% interest to the appellees, listed in the caption as additional appellees, and LPCX continued to represent...

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