Fisher v. Tomlinson Oil Co.

The opinion of the court was delivered by

Fontron, J.:

This action is brought to recover damages for breach of a contract to drill an oil well. Essential facts are not in dispute. On August 16, '1971, the Union Gas System, Inc., and Field C. Benton, hereafter collectively referred to as Union Gas, oifaned oil and gas leases known as the Glasscock leases which covered two quarter sections of 'land in Elk County. On that date Union Gas entered into an agreement with L. B. Fisher, the plaintiff herein, to assign to Fisher the oil rights under said leases subject to a reservation of an undivided…