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EXXONMOBIL CORP. v. VALENCE OPERATING CO.

No. 01-02-00994-CV.

174 S.W.3d 303 (2005)

EXXONMOBIL CORPORATION, Appellant, v. VALENCE OPERATING COMPANY, Appellee.

Court of Appeals of Texas, Houston (1st Dist.).

June 16, 2005.

Attorney(s) appearing for the Case

Jack Balagia, Jr., Steven J. Watkins, McGinnis, Lochridge & Kilgore, L.L.P., Joseph Nwaokoro, Houston, TX, Karen Lynn Watkins, McGinnis, Lochridge & Kilgore, L.L.P., Austin, TX, for Appellant.

Brad Beers, Beers & Associates, Levon G. Hovnatanian, Martin, Disiere, Jefferson & Wisdom, L.L.P., Allison Taylor Blizzard, Robert J. Magner, Houston, TX, for Appellee.

Panel consists of Justices NUCHIA, JENNINGS, and KEYES.

OPINION ON REHEARING

EVELYN V. KEYES, Justice.

This is an appeal of a judgment awarding $834,299 in damages and $166,250 in attorney's fees to plaintiff and appellee, Valence Operating Company, for breach of contract by defendant and appellant, ExxonMobil Corporation, after a three-day bench trial. In six issues, ExxonMobil contends that the trial court erred by (1) misconstruing the maintenance-of-interest provision of the parties' joint operating agreement...

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