SONDROL v. PLACID OIL CO.

No. A4-91-175.

874 F.Supp. 267 (1993)

Norman E. SONDROL and Marlene J. Sondrol, Plaintiffs, v. PLACID OIL CO., Defendant.

United States District Court, D. North Dakota, Northwestern Division.

February 16, 1993.


Attorney(s) appearing for the Case

Kent A. Reierson, Williston, ND, for plaintiffs.

Ernest R. Fleck, Bismarck, ND, for defendant.


MEMORANDUM AND ORDER

CONMY, District Judge.

This case revisits the gas well production contracts which were on the periphery of the recent "take or pay" natural gas purchase contracts. A short historical review is in order. At one time utility companies and pipe line companies held the opinion that with the deregulation of the natural gas industry, the market price would jump up dramatically and supplies would also become scarce.

As a result of that...

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