Osage Oil Corp. v. McGuire

H. B. McGuire entered into a written contract with the Osage Oil Corporation to drill for the corporation a test well for oil and gas to a depth of 3,300 feet, unless oil or gas in paying quantities should be discovered at a shallower depth, and to furnish the derrick, rig, tools, water, machinery, fuel tanks, and all labor necessary to the completion of the well on the D.C. Clayton farm, being a part of the Lewis Knight survey in Jack county. The corporation agreed to furnish the necessary casing, casing shoes, and clamps, and to use due diligence to place the same at the location of the…