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GRYNBERG v. CITATION OIL & GAS CORP.

No. 19258.

573 N.W.2d 493 (1997)

1997 SD 121

Jack J. GRYNBERG, d/b/a Grynberg Petroleum Company; Janex Oil Co., Inc.; Andrew Kugler, Jr.; W.B. Newberry; Janex Oil Co. Reserve Fund 90-7A Ltd.; Headington Oil Properties, Inc.; H.A. Mayor, Jr.,; Carl G. Mammel; Dr. Keith Mccorrmic; Preston Investments; and Lloyd Peterson, Plaintiffs and Appellees, v. CITATION OIL & GAS CORP., Defendant and Appellant.

Supreme Court of South Dakota.

Reassigned July 10, 1997.

Decided October 22, 1997.

Rehearing Denied December 2, 1997.

Attorney(s) appearing for the Case

Max S. Main of Bennett, Main & Frederickson, P.C., Belle Fourche, Tom C. Toner of Yonkee & Toner, Sheridan, WY, for plaintiffs and appellees.

Craig A. Pfeifle, Steven J. Helmers of Lynn, Jackson, Shultz & Lebrun, P.C., Rapid City, for defendant and appellant.

GILBERTSON, Justice.

[¶ 1.] Defendant Citation Oil and Gas Corporation (Citation) appeals a jury verdict in favor of plaintiffs for breach of contract, fraud and punitive damages resulting from its wrongful actions as operator of certain oil wells. We affirm in part, and reverse and remand with remittitur on the issue of punitive damages.

FACTS AND PROCEDURAL BACKGROUND

[¶ 2.] This case involves the operation of two oil fields located in...

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