National Supply Co. v. Case Oil & Gas, Inc.

Rees, J.:

This is an oil and gas lien foreclosure action. The sole subject for our review is a priority dispute between two creditors, plaintiff National Supply Company (National) and intervenor KEM Corp. (KEM).

At all times material herein, defendant Case Oil & Gas, Inc., (Case) owned a working interest in an oil and gas leasehold and was the lease operator. The underlying lease involved covers a quarter section in Pratt County. The leasehold is commonly referred to as the Huitt Lease.

National furnished materials and services to the lease for its improvement and operation. The materials and…