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McCARTHY v. EVOLUTION PETROLEUM CORP.

No. 47,907-CA.

111 So.3d 446 (2013)

John C. McCARTHY, Individually and as Trustee of the Kathleen McCarthy Balden Trust, and Majorie M. Moss, Plaintiffs-Appellants v. EVOLUTION PETROLEUM CORPORATION formerly known as Natural Gas Systems, Inc., and NGS Sub Corporation, Defendants-Appellees.

Court of Appeal of Louisiana, Second Circuit.

Rehearing Denied April 4, 2013.

Attorney(s) appearing for the Case

Donald L. Kneipp , Monroe, LA, for Appellants.

Breithaupt, Dunn, DuBos, Shafto & Wolleson, LLC, Monroe, LA, by Walter C. Dunn, Jr. , P. Scott Wolleson , for Appellees.

Before STEWART, CARAWAY and SEXTON (Pro Tempore), JJ.

STEWART, J.

Plaintiffs, John C. McCarthy, individually and as trustee of the Kathleen McCarthy Balden Trust, and Majorie M. Moss, filed suit against defendants, Evolution Petroleum Corporation ("Evolution"), formerly known as Natural Gas Systems, Inc., and NGS Sub. Corp. ("NGS"), for rescission of the sale of their royalty rights in the Delhi Field Unit in the Holt Bryant Reservoir, damages, and attorney fees. Plaintiffs asserted fraud and error as to cause as the...

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