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EXXON CORP. v. CROSBY-MISSISSIPPI RESOURCES, LTD.

No. 96-60761.

154 F.3d 202 (1998)

EXXON CORPORATION, A New Jersey Corporation, Plaintiff-Appellant-Cross-Appellee, v. CROSBY-MISSISSIPPI RESOURCES, LTD., A MS Limited Partnership; Lynn Crosby Gammill, General Partner; Stewart Gammill, III, General Partner; Stewart Gammill, III, as successor Trustee for Stewart Gammill IV, Trust No. 2; Lucius Olen Crosby Gammill, Trust No. 2; Jennifer Lynn Gammill, Trust No. 2; Lucious Olen Crosby Gammill; Stewart Gammill, IV; Jennifer Lynn Gammill; Stewart Gammill, III, as successor Trustee for Stewart Gammill, IV, Defendants-Appellees-Cross-Appellants.

United States Court of Appeals, Fifth Circuit.

September 2, 1998.

Attorney(s) appearing for the Case

Otis Johnson, Jr., Sam Starnes Thomas, Heidelberg & Woodliff, Jackson, MS, Thomas M. Keiffer, New Orleans, LA, William Rollins Hurt, Exxon Corp., New Orleans, LA, for Exxon Corp.

Harold D. Miller, Jr., Butler, Snow, O'Mara, Stevens & Cannada, Glenn Gates Taylor, Christopher Dale Shearer, Copeland, Cook, Taylor & Bush, Jackson, MS, William Allen Hood, William A. Hood, P.A., Vicksburg, MS, for Defendants-Appellees-Cross-Appellants.

Before POLITZ, Chief Judge, and HIGGINBOTHAM and DeMOSS, Circuit Judges.

DeMOSS, Circuit Judge:

This case requires us to interpret an oil and gas agreement entered into by Exxon Corporation (Exxon) and Crosby-Mississippi Resources, Ltd., et al. (CMR). Both parties appeal various rulings made by the district court. For the following reasons we affirm the district court in part and vacate and remand in part.

I. Background

In 1983, Exxon and CMR entered into a joint oil and gas...

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