FORTUNE PRODUCTION CO. v. CONOCO, INC.

No. 99-0490.

52 S.W.3d 671 (2000)

FORTUNE PRODUCTION CO., Tucker Drilling Co., Inc., Curtis Hankamer Corp., and John L. Cox, Petitioners, v. CONOCO, INC., Respondent.

Supreme Court of Texas.

Decided November 30, 2000.


Attorney(s) appearing for the Case

William J. Joseph, Jr., Candace Beth Kais Eindorf, Gallagher Young Lewis Hampton & Downey, Eileen F. O'Neill, Steidley Law Firm, Richard P. Hogan, Jr., Hogan Dubose & Townsend, William H. Young, Gallagher, Young, Lewis, Hampton & Downey, Houston, for petitioners.

F. Eric Fryar, Etta Davidson Fryar, Fryar, Fryar, Randall W. Wilson, Susman Godfrey, David M. Gunn, Hogan Dubose & Townsend, Houston, for respondent.


Justice OWEN delivered the opinion of the Court, in which Chief Justice PHILLIPS, Justice HECHT, Justice BAKER, Justice ABBOTT, Justice HANKINSON, Justice O'NEILL and Justice GONZALES joined, and in Parts I, II, III and V of which Justice ENOCH joined.

This is a dispute between natural gas producers and their purchaser. The producers contend, and a jury found, that (1) their contracts were induced by the purchaser's fraud regarding the resale price it would receive...

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