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ACT I, LLC v. DAVIS

No. 01-168.

60 P.3d 145 (2002)

2002 WY 183

ACT I, LLC, Appellant (Plaintiff), v. Charles B. DAVIS, R. Lee Tucker, DNR Oil & Gas, Inc., and Tindall Operating Company, Appellees (Defendants).

Supreme Court of Wyoming.

December 30, 2002.

Attorney(s) appearing for the Case

Stephen H. Kline of Kline Law Office, P.C., Cheyenne, Wyoming; Anthony L. Leffert of Clanahan, Tanner, Downing & Knowlton, P.C., Denver, Colorado, Representing Appellant. Argument by Mr. Leffert.

Peter A. Bjork and David R. Little of Bjork, Lindley, Danielson & Little, P.C., Denver, Colorado; John M. Daley of Daly Law Associates, P.C., Gillette, Wyoming, Representing Appellee. Argument by Mr. Little.

Before HILL, C.J., and GOLDEN, LEHMAN, KITE, and VOIGT, JJ.

GOLDEN, Justice.

[¶ 1] Appellees own working interests in various oil and gas leases located in the Powder River Basin of Campbell County, Wyoming. Appellant and Appellees entered into an agreement by which Appellant agreed to obtain financing for a project related to developing and working the mineral leases in exchange for the opportunity to buy a thirty-five percent share of the mineral leases. Appellant claims that it procured a suitable financing commitment...

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