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PALACE EXPLORATION v. PETROLEUM DEVELOPMENT

No. 03-5141.

374 F.3d 951 (2004)

PALACE EXPLORATION COMPANY, Plaintiff-Appellant, v. PETROLEUM DEVELOPMENT COMPANY, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

July 2, 2004.

Attorney(s) appearing for the Case

Fred M. Buxton of Hall, Estill, Hardwick, Gable, Golden & Nelson, P.C., Tulsa, OK, for Plaintiff-Appellant.

Randall G. Vaughan (John L. Randolph Jr. with him on the brief) of Pray, Walker, Jackman, Williamson & Marlar, Tulsa, OK, for Defendant-Appellee.

Before MURPHY, McKAY, and TYMKOVICH, Circuit Judges.

McKAY, Circuit Judge.

This appeal involves the interpretation of an agreement between Plaintiff-Appellant Palace Exploration Company ("Palace"), an oil and gas investor, and Defendant-Appellee Petroleum Development Company ("PDC"), a petroleum company, related to the drilling of a well in Oklahoma. Appellant agreed to invest in one of Appellee's drilling prospects. The maps originally sent to Appellant prior to the agreement contained an inaccuracy.

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