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McDANIEL PARTNERS v. APACHE DEEPWATER, LLC

No. 08-12-00312-CV.

441 S.W.3d 530 (2014)

McDANIEL PARTNERS, LTD., Appellant, v. APACHE DEEPWATER, LLC, Appellee.

Court of Appeals of Texas, El Paso.

March 28, 2014.

Attorney(s) appearing for the Case

Roger Townsend , Alexander Dubose & Townsend LLP, Houston, for Appellee.

Barry F. Cannaday , Dentons US LLP, Dallas, for Appellant.

Before McCLURE, C.J., RIVERA, and RODRIGUEZ, JJ.

OPINION

ANN CRAWFORD McCLURE, Chief Justice.

We consider today an oil and gas assignment executed in 1953 which provides for a production payment to the assignor. At issue is the construction of a parenthetical clause describing the manner of calculating the payment and whether the expiration of two of the four leases underlying the Assignment impacts the equation. McDaniel Partners, Ltd., appeals the trial court's final judgment allowing for a proportionate...

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