Bluebonnet Oil & Gas Co. v. Panuco Oil Leases, Inc.

BARROW, Justice.

This is an appeal from a judgment in favor of appellee, Panuco Oil Leases, Inc., against appellant, Bluebonnet Oil & Gas Company. Appellee sued appellant on a joint operating agreement for appellant’s alleged pro-rata part of the cost of drilling, completing and equipping the Walker Estate No. 2 well in Sutton County, Texas. The case was tried to a jury and verdict returned on special issues. Judgment was rendered upon the verdict of the jury. Appellant filed its motion for new trial which was overruled by operation of law, and thereafter in due time prosecuted this appeal.

The…