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DEGENHART v. GOLD KING PETROLEUM CORP.

No. 92CA0359.

851 P.2d 304 (1993)

Marcus A. DEGENHART and Sophia S. Degenhart, Plaintiffs-Appellees, v. GOLD KING PETROLEUM CORPORATION, a Colorado corporation, Defendant-Appellant.

Colorado Court of Appeals, Div. II.

March 25, 1993.

Attorney(s) appearing for the Case

Schoenwald & Lewis, P.C., Forrest W. Lewis, Denver, for plaintiffs-appellees.

Kenneth D. Willis, Denver, for defendant-appellant.

Opinion by Judge HUME.

Defendant, Gold King Petroleum Corporation, appeals a judgment entered in favor of plaintiffs, Marcus A. and Sophia S. Degenhart, after a bench trial. We reverse.

In 1970, Hilight Drilling Company leased oil and gas rights from William and Cuba Hazlet for a primary term of five years and for so long thereafter as oil and gas production continued in paying quantities. The lease granted lessee...

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