Sandy Supply Co. v. Superior Petroleum, Inc.

Plaintiffs-appellees, the Sandy Supply Company (“Sandy Supply”) and the Wooster Tool & Supply Company (“Wooster Tool”), are in the business of furnishing supplies used in the gas and oil industry. Most of the defendants-appellants own various interests in three gas and oil wells known as Mercer #1, Mercer #2, and Traficant #1. Defendant-appellant Superior Petroleum, Inc. (“Superior”), served as agent for these owners, in the drilling, completion, operation and repair of the three wells. The remaining defendants-appellants are purchasers of the gas and oil from these wells.

Pursuant to an…