Carrizo Oil & Gas, Inc. v. Barrow-Shaver Resources Company
Court of Appeals of Texas
1Opinion of the Court
OPINION
James T. Worthen, Chief Justice
Barrow-Shaver Resources Company (BSR) sued Carrizo Oil & Gas, Inc. (COG) for breach of a consent-to-assignment provision in a farmout agreement. Following a jury trial, judgment was rendered against COG for $27,690,466.86 plus prejudgment interest and attorney’s fees. In thirteen issues, COG contends the trial court erred. We reverse the trial court’s judgment and render judgment that BSR take nothing.
Background
BSR, founded in 1989, operates more than one hundred oil and gas wells. Its business model is to find oil and gas prospects, drill them, and then…
2Cases cited22 opinions
- Uniroyal Goodrich Tire Co. v. MartinezTexas Supreme Court · 1998
- Prudential Insurance Co. of America v. Financial Review Services, Inc.Texas Supreme Court · 2000
- Exxon Corp. v. Emerald Oil & Gas Co., LCTexas Supreme Court · 2011
- English v. FischerTexas Supreme Court · 1983
- Tawes v. BarnesTexas Supreme Court · 2011
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