Texaco, Inc. v. Lettermann

DENTON, Chief Justice.

This suit was instituted by Annie Letter-mann and others, appellees and plaintiffs below, against Texaco, Inc. and Kerr-McGee Oil Industries, Inc., in the nature of a declaratory judgment proceeding. The case involves the construction of an oil and gas lease which contained a lease pooling clause, executed by appellees and their predecessors in title, as lessors, to Texaco, Inc., as lessee. Both plaintiffs and defendants below filed motions for summáry judgment. All the material facts involved in this controversy were stipulated and agreed upon by the parties. From a…