Strata Production Co. v. Mercury Exploration Co.

OPINION

FROST, Chief Justice.

Defendant-Appellant Mercury Exploration Co. (Mercury) appeals from a judgment rendered in favor of Plaintiff-Appellee Strata Production Co. (Strata) for breach of contract and negligent misrepresentation. Mercury argues on appeal that: it modified its unilateral contract offer with Strata before Strata’s acceptance by performance; the trial court incorrectly interpreted the contract terms; the trial court failed to reduce Strata’s damage award by the proportionate interests owned by subsequent investors; and the trial court used the incorrect measure of damages for…