RIDGE OIL CO., INC. v. GUINN INVESTMENTS, INC.

No. 02-0599.

148 S.W.3d 143 (2004)

RIDGE OIL COMPANY, INC. and Bryan A. Woodward, Petitioners, v. GUINN INVESTMENTS, INC., Respondent.

Supreme Court of Texas.

Decided September 3, 2004.

Rehearing Denied December 3, 2004.


Attorney(s) appearing for the Case

Glenn E. Johnson, Brenda L. Clayton, Kelly Hart & Hallman, P.C., Austin, Kerwin B. Stephens, Stephens & Meyers, LLP, Graham, for Petitioner.

Bill F. Bogle, Russell R. Barton, Andrew D. Sims, Harris Finley & Bogle, P.C., Fort Worth, TX, Elton M. Montgomery, Montgomery & Peavy, Graham, TX, for Respondent.


Justice OWEN delivered the opinion of the Court.

In this oil and gas case, two lessees obtained working interests under a single lease through assignments. Guinn Investments, Inc. is the lessee as to the Guinn tract, and Ridge Oil Company, Inc. is the lessee as to the adjoining Ridge tract. Ridge shut in the only two producing wells, both located on the Ridge tract, for approximately ninety days and subsequently executed...

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