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HUNT OIL CO. v. LIVE OAK ENERGY, INC.

No. 05-07-01553-CV.

313 S.W.3d 384 (2009)

HUNT OIL COMPANY, Appellant/Cross-Appellee, v. LIVE OAK ENERGY, INC., Appellee/Cross-Appellant.

Court of Appeals of Texas, Dallas.

Rehearing Overruled June 18, 2010.

Attorney(s) appearing for the Case

Scott P. Stolley, David R. Noteware, Thompson & Knight LLP, Dallas, TX, for Appellant/Cross-Appellee.

Charles T. Frazier, Jr., LaDawn H. Conway, Alexander Dubose Jones & Townsend LLP, Frank L. Broyles, Goins, Underkofler, Crawford & Langdon, Dallas, TX, for Appellee/Cross-Appellant.

Before Justices WRIGHT, BRIDGES, and O'NEILL.

OPINION

Opinion By Justice BRIDGES.

Live Oak Energy, Inc. sued Hunt Oil Company for negligence and breach of contract arising out of Hunt Oil's drilling in a Louisiana oilfield. A jury found Hunt Oil was negligent, and awarded Live Oak over $5 million in damages. Hunt Oil's seven issues on appeal complain the statute of limitations ran on Live Oak's claims; Live Oak had no standing to recover for an injury that occurred before it purchased the oil field...

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