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EL PASO PRODUCTION CO. v. PWG PARTNERSHIP

No. 20210.

866 P.2d 311 (1993)

116 N.M. 583

EL PASO PRODUCTION COMPANY, et al., Plaintiffs-Appellees, and Cross-Appellants, v. PWG PARTNERSHIP, et al., Defendants-Appellees, v. Steve J. ABRAHAM, Personal Representative of the Estate of Roseline Abraham, and Steve J. Abraham, Michael C. Abraham and Diane Abraham Hinkle, individually and as surviving children of Roseline Abraham, deceased, Defendants-Counterclaimants-Appellants and Cross-Appellees.

Supreme Court of New Mexico.

Rehearing Denied January 3, 1994.

Attorney(s) appearing for the Case

The Payne Law Firm, P.C., H. Vern Payne, Robert M. Hall, Douglas W. Decker, Albuquerque, Roberts & Jolley, Val R. Jolley, Farmington, for appellants and cross-appellees.

Modrall, Sperling, Roehl, Harris & Sisk, P.A., John R. Cooney, R.E. Thompson, Lynn H. Slade, Albuquerque, for appellees and cross-appellants.

Gallegos Law Firm, P.C., J.E. Gallegos, Michael L. Oja, David Sandoval, Santa Fe, for appellees PWG Partnership, Graham Royalty & Ltd., and Prudential-Bach, et al.

Montgomery & Andrews, P.A., Walter Melendres, R. Michael Shickich, Santa Fe, for appellee Freeport-McMoran, Inc.

OPINION

RANSOM, Chief Justice.

The Abraham family appeals from a declaratory judgment in an action brought by El Paso Production Company (El Paso) to determine the validity of an option contract and ownership of the right to repurchase gas rights under a federal oil and gas lease. El Paso cross-appeals from an amended judgment wherein the district court reduced a sanction for contempt of court from $24,000 to $300. On the Abrahams' appeal we affirm the decision...

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