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FINA OIL & CHEMICAL CO. v. AMOCO PRODUCTION CO.

No. 95 CA 1877.

673 So.2d 668 (1996)

FINA OIL AND CHEMICAL CO. v. AMOCO PRODUCTION CO., et al.

Court of Appeal of Louisiana, First Circuit.

May 10, 1996.

Attorney(s) appearing for the Case

David C. Treen, Charles K. Reasonover, Francis J. Barry, New Orleans, for Plaintiff—Appellant—Fina Oil and Chemical Co.

John M. McCollam, Philip N. Asprodites, Scott A. O'Connor, New Orleans, for Defendants—Appellees—Amoco Production Company, MW Petroleum Corporation and Apache Corporation.

William F. Bailey, Lafayette, for Defendants—Appellees—Amoco Production Company, MW Petroleum Corporation and Apache Corporation.

Before LOTTINGER, C.J., and GONZALES and FITZSIMMONS, JJ.

FITZSIMMONS, Judge.

Amoco Production Company (Amoco) operated, and owned a 50% interest in, three oil and gas fields in Louisiana. Operation of the three oil and gas fields was governed by Joint Operating Agreements (JOAs). Amoco transferred its lease interests in the three fields; Charenton, Lake Boeuf, and Lake Boudreaux, to a subsidiary corporation, MW Petroleum Corporation (MW). Subsequently, Apache Corporation (Apache) bought all of the stock of MW.

Fina...

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