Texon Energy Corp. v. Dow Chemical Co.

OPINION

ROBERTSON, Justice.

This is an appeal from a judgment in favor of appellee, Dow Chemical Co. (Dow), for the recovery of appellant’s pro-rata share of the expenses incurred in the drilling of a prospect well for oil and gas production. Issues before us concern: (1) sufficiency of the evidence; (2) admissibility of business records; (3) rulings on the affirmative defense of mutual mistake; and (4) calculation of prejudgment interest. We affirm.

In 1981, appellant, Texon Energy Corp. (Texon), owned a twenty-five percent working interest in certain oil, gas and mineral leases in Live Oak…