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KLEIN v. ARKOMA PRODUCTION CO.

No. 94-1353.

73 F.3d 779 (1996)

Bob KLEIN; Genevieve Klein; John Frank Pendergrass; Sam Thompson; Margaret Schaffer; Clymer Law; Donnie Hall; Wayne Franklin, Class Representative; Glen Morris, Class Representative; Rowland Vernon, Class Representative, Appellants, v. ARKOMA PRODUCTION COMPANY; Arkla, Inc.; Arkla Exploration Company; Jerral W. Jones; Michael V. McCoy, Appellees.

United States Court of Appeals, Eighth Circuit.

Decided January 9, 1996.

Rehearing and Suggestions for Rehearing Denied March 4, 1996.

Attorney(s) appearing for the Case

Bradley Jesson and Douglas Smith, argued, Fort Smith, AR, for appellant.

Jerry Canfield, Fort Smith, AR, argued, for Arkla/Arkoma.

Louis Cohen, argued, Washington, DC, for Jerral Jones.

Before BEAM, BRIGHT, and HANSEN, Circuit Judges.

Rehearing and Suggestions for Rehearing En Banc Denied March 4, 1996.*

BEAM, Circuit Judge.

Jerral W. Jones and Michael V. McCoy were sole shareholders of Arkoma, a natural gas production company which held leases with Bob Klein and other royalty owners. Jones and McCoy sold Arkoma (sometimes old Arkoma) to Arkla, an exploration and pipeline company. Bob Klein and the royalty owners1 appeal the district...

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