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SHORE EXPLORATION & PROD. CORP. v. EXXON CORP.

No. CA 3-95-CV-1228-R.

976 F.Supp. 514 (1997)

SHORE EXPLORATION AND PRODUCTION CORP., Plaintiff, v. EXXON CORP., Texaco, Inc., and Eastern Exploration, Inc., Defendants.

United States District Court, N.D. Texas, Dallas Division.

July 16, 1997.

Attorney(s) appearing for the Case

Robert J. Clary, Jamie King Harrison, Owens Clary & Aiken, Dallas, TX, for Shore Exploration and Production Corp.

Jay Scott Carothers, Exxon Corp., Houston, TX, for Exxon Corp.

William T. Hankinson, Jane Politz Brandt, Anna E. Marple, Thompson & Knight, Dallas, TX, Jeffrey K. Smith, Texaco Inc., New Orleans, LA, Michael Warren Perrin, King & Spalding, Houston, TX, for Texaco Inc.

Scott Charles Krist, Krist Gunn Weller Neumann & Morrison, Houston, TX, Stanley Jack Krist, Stanley J. Krist & Associates, Houston, TX, Joel Howard Muscat, Law Office of Joe Muscat, Stafford, TX, for Eastern Exploration Inc.

Maxel B `Bud' Silverberg, Law Office of Maxel `Bud' Silverberg, Dallas, TX, pro se.

Douglas Steward Lang, Gardere & Wynne, Dallas, TX, for Juliet Challenger Inc.

MEMORANDUM OPINION

BUCHMEYER, Chief Judge.

This oil and gas case involves a dispute about leasehold interests lost. In simple terms, Shore assigned oil and gas leasehold interests to Defendants (Exxon, Texaco, and Eastern) in which it retained a royalty interest. Each of the leases changed hands, all ultimately ending up in the hands of Eastern. The leases were lost when the Eastern failed to pay the delay rentals.1 Shore...

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