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STONE v. DEVON ENERGY PRODUCTION CO., L.P.

No. S-07-0166.

181 P.3d 936 (2008)

2008 WY 49

David K. STONE and Nicholas B. Loundagin, Appellants (Plaintiffs), v. DEVON ENERGY PRODUCTION COMPANY, L.P., and Carpenter & Sons, Inc., Appellees (Defendants).

Supreme Court of Wyoming.

April 22, 2008.

Attorney(s) appearing for the Case

Representing Appellants: Stephen R. Winship of Winship & Winship, P.C., Casper, Wyoming.

Representing Appellees: Scott P. Klosterman of Williams, Porter, Day & Neville, P.C., Casper, Wyoming.

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

KITE, Justice.

[¶ 1] David K. Stone and Nicholas B. Loundagin owned operating rights under a state oil and gas lease which they assigned to Devon Energy Production Company, L.P. (Devon) and Carpenter & Sons, Inc. (Carpenter). After Devon and Carpenter failed to offer to reassign the operating rights to them six months before the lease expiration date, Mr. Stone and Mr. Loundagin filed a complaint asserting that Devon and Carpenter breached the assignment...

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