Scrivner v. Sonat Exploration Co.

McKAY, Circuit Judge.

I. Background

Plaintiffs Evelyn L. Scrivner, Gary K. Switzer, and Larry W. Switzer (“Scriv-ner”) obtained oil and gas leases on a number of properties in Oklahoma. Later, Scrivner assigned those leases to others, including Defendant Sonat Exploration Company. As consideration for these assignments, Scrivner reserved an overriding royalty interest in said leases. On April 29, 1997, Scrivner brought this diversity action under Oklahoma law against Defendant, asserting claims of: (1) breach of covenant to market gas for the highest and best price; (2) equitable accounting;…