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LONESOME DOVE PETROLEUM, INC. v. HOLT

Nos. 16-3467, 16-3611.

889 F.3d 510 (2018)

LONESOME DOVE PETROLEUM, INC., Plaintiff-Appellant, v. John H. HOLT; John H. Holt Oil Properties, Inc., Defendants-Appellees, Lonesome Dove Petroleum, Inc., Plaintiff-Appellee, v. John H. Holt; John H. Holt Oil Properties, Inc., Defendants-Appellants.

United States Court of Appeals, Eighth Circuit.

Filed: May 7, 2018.

Attorney(s) appearing for the Case

Triel Culver , A. Clifford Edwards, II , Jackie Shields , Edwards & Frickle, Billings, MT, for Plaintiff-Appellant.

David L. Charles , Crowley & Haughey, Jon T. Dyre , Crowley & Fleck, Billings, MT, for Defendants-Appellees.

Before SMITH, Chief Judge, and MURPHY and COLLOTON, Circuit Judges.

In 2004, Lonesome Dove, through its president, Brett Boedecker, formed a plan with John Holt to take advantage of the booming oil business in the Bakken region of North Dakota. Holt and Boedecker, along with two investors, intended to acquire oil and gas leases in Mountrail County and sell them for a profit. After they completed...

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