Parten v. Cannon

OPINION

CUMMINGS, Justice.

The Partens sought a declaratory judgment that an oil and gas lease, executed in 1976 on a 658.62-acre tract of land owned by the Cannons, remained effective past the five-year primary term. The Cannons counterclaimed, alleging that the lease had terminated according to its own terms because the Partens failed to file with the Madison County Clerk a written description of the portions of the lease held by producing wells at the end of the primary term. After the first day of the jury trial, the parties made a number of factual stipulations regarding the acreage…