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MATTER OF GHR ENERGY CORP.

No. 91-6137.

972 F.2d 96 (1992)

In the Matter of GHR ENERGY CORPORATION, Debtor. MEDALLION OIL COMPANY, et al., Appellants, v. TRANSAMERICAN NATURAL GAS CORPORATION, Appellee.

United States Court of Appeals, Fifth Circuit.

On Petition for Rehearing November 24, 1992.

Attorney(s) appearing for the Case

Thomas Gibbs Gee, Finis E. Cowan, Jeron Stevens, Clayton L. Smith, Baker & Botts, Houston, Tex., Frank Douglass, Elizabeth N. Miller, Scott, Douglass & Luton, Dallas, Tex., Paul P. Daley, Sr. Partner, Albert A. Notini, Jr. Partner, Hale & Dorr, Boston, Mass., for appellants.

David L. Nigh, Karen M. Zuckerman, Liddell, Sapp, Zivley, Hill & LaBoon, L.L.P., Houston, Tex., John C. Nabors, Gardere & Wynne, Dallas, Tex., for appellee.

Before BRIGHT, JOLLY, and BARKSDALE, Circuit Judges.

BRIGHT, Senior Circuit Judge:

This is a case concerning overriding royalty interests granted to Medallion Oil Company and H.S. Finkelstein [Medallion] on a leasehold estate under a farmout agreement between TransAmerican Natural Gas Corporation [TransAmerican] and El Paso Natural Gas Company [El Paso].

Medallion appeals the district court's affirmance of the bankruptcy court's grant of summary judgment, which determined that Medallion's overriding royalty...

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