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BILL BARRETT CORP. v. YMC ROYALTY COMPANY, LP

No. 18-1067.

918 F.3d 760 (2019)

BILL BARRETT CORPORATION, Plaintiff-Appellee, v. YMC ROYALTY COMPANY, LP; YBC Managers, LLC; and Bayshore Royalty, LP, Defendants-Appellants.

United States Court of Appeals, Tenth Circuit.

FILED March 7, 2019.

Attorney(s) appearing for the Case

Jennifer Lynn Peters ( Timothy Ryan Odil with her on the briefs), Otis Bedingfield & Peters, LLC, Greeley, Colorado, for Appellants.

Andrew K. Glenn ( Karen L. Spaulding with him on the brief), Beatty & Wozniak, P.C., Denver, Colorado, for Appellee.

Before TYMKOVICH, Chief Judge, MURPHY, and HARTZ, Circuit Judges.

The Bill Barrett Corporation and YMC Royalty Company are experienced oil and gas companies with mineral rights in northeastern Colorado. In 2013, they had the opportunity to jointly develop two oil wells. To facilitate the drilling operations, YMC executed documents authorizing joint expenditures, accepting responsibility for costs, and electing...

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