Mobil Exploration & Producing North America, Inc. v. Graham Royalty Ltd., Petro-Lewis Funds, Inc.
Court of Appeals for the Eighth Circuit
1Opinion of the Court
ROSS, Senior Circuit Judge.
Mobil Exploration & Producing North America, Inc. (Mobil) filed this action in equity against both Graham Royalty Ltd. (Graham) and Petro-Lewis Funds, Inc. (Pe-tro) for breach of contract, requesting relief in the form of specific performance and damages. 1 Mobil’s claim was based upon the failure of Graham and Petro to grant to Mobil its preferential right of purchase under a Joint Operating Agreement. Graham and Petro filed cross-claims against each other alleging indemnity and Graham raised the affirmative defenses of laches and estoppel against Mobil.
The case…
2Cases cited6 opinions
- Dupree v. Twin City BankSupreme Court of Arkansas · 1989
- TXO Production Corp. v. Page Farms, Inc.Supreme Court of Arkansas · 1985
- Padgett v. HastonSupreme Court of Arkansas · 1983
- Merrill Lynch, Pierce, Fenner & Smith, Inc. v. Vernon H. KnudsenCourt of Appeals for the Eighth Circuit · 1984
- Diamond Shamrock Corp. v. HarrisSupreme Court of Arkansas · 1984
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- World Savings & Loan Ass'n v. JakubiecDistrict Court, N.D. Illinois · 1992
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