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SWAIM v. STEPHENS PRODUCTION CO.

No. 03-1385.

196 S.W.3d 5 (2004)

Buel D. SWAIM and Sharon Ruth Swaim and David J. Kinney, Sr., Appellants, v. STEPHENS PRODUCTION COMPANY, A Division of Stephens Group, Inc., Appellee.

Supreme Court of Arkansas.

October 14, 2004.

Attorney(s) appearing for the Case

Lonnie C. Turner, Ozark; and Warner, Smith & Harris, PLC, by: P.K. Holmes, III, Fort Smith, for appellants.

Daily & Woods, P.L.L.C., by: Thomas A. Daily, Fort Smith, for appellee.

ANNABELLE CLINTON IMBER, Justice.

Appellants Buel D. Swaim and Sharon Ruth Swaim and David J. Kinney, Sr., are successors-in-interest to Carrie Davidson and J.T. Harris who separately owned two real property tracts in Franklin County, both tracts being located adjacent to the Arkansas River.1 Beginning in 1957, the owners of the Davidson tract entered into an oil, gas and mineral lease with Appellee Stephens Production Company, a division...

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