Pan American Petroleum Corporation and Socony Mobil Oil Company, Inc. v. Verde Oil Company, Inc.

GRIFFIN B. BELL, Circuit Judge.

This litigation stems from the “slant hole” oil scandal in East Texas. Appellants recovered a judgment against H. L. Long for oil produced from their adjoining leases by deviated wells surfaced on a lease owned by Long. 1 This appeal arises out of a subsequent suit brought by appellants in aid of the collection of their judgment against Long. Long is a party defendant in something of a nominal capacity. The essence of the suit is an effort to set aside a conveyance of oil properties from Long to appellee Verde Oil Company as having been made with the intent to…