Pro Gas, Inc. v. Har-Ken Oil Co.

REYNOLDS, Justice.

Emanating from the Commonwealth’s public policy upon oil and gas conservation is an issue, in this ease, which bears upon the determination of the party(s) obligated to plug oü and gas wells and the responsibility to post bond with the Department of Mines and Minerals to ensure the plugging of such wells.

In December of 1989, a trustee in bankruptcy for Empire Oü & Gas Company, Inc. and Ambereo, Inc. assigned, transferred and conveyed to Pro Gas, Inc., for the sum of $375,000, the right, title and interest of the two bankrupt companies in and to described oü and gas leases.…