Argos Resources, Inc. v. May Petroleum Inc.
Texas Court of Appeals, 5th District (Dallas)
1Opinion of the Court
WHITHAM, Justice.
Appellant, Argos Resources, Inc., appeals from a judgment in favor of appellee, May Petroleum Inc. We find no merit in any of Argos’ eight points of error. Accordingly, we affirm.
May sued Argos on an oilfield operating agreement dated October 21, 1981. The agreement provided that May, the operator, would commence drilling of a well on or before December 31, 1981. Argos was required to pay 15% of the costs and liabilities May incurred in drilling the well. On or about December 31, 1981, Argos paid May $32,925.00, 15% of the estimated drilling cost. May actually did not begin…
2Cases cited15 opinions
- Atkinson v. Jackson Bros.Texas Commission of Appeals · 1925
- Langley v. NorrisTexas Supreme Court · 1943
- Saldana v. GarciaTexas Supreme Court · 1955
- Laredo Hides Co., Inc. v. H & H Meat Products Co., Inc.Court of Appeals of Texas · 1974
- Liedeker v. GrossmanTexas Supreme Court · 1947
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3Cited by19 opinions
- Shaw v. Kennedy, Ltd., Texas Court of Appeals, 7th District (Amarillo)1994
- Stine v. Marathon Oil Co.Court of Appeals for the Fifth Circuit · 1992
- Geotech Energy Corp. v. Gulf States Telecommunications and Information Systems, Inc.Court of Appeals of Texas · 1990
- Municipal Administrative Services, Inc. v. City of Beaumont, Texas Court of Appeals, 6th District (Texarkana)1998
- Carroll Childers v. Pumping Systems, Inc.Court of Appeals for the Fifth Circuit · 1992
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