Dixieland Petroleum Corp. v. Brown

Fred B-rown and wife sued Dixieland Petroleum -Corporation to cancel an oil and gas lease executed by -the Browns in March, 1947. They alleged the sole consideration for the lease was defendant’s promise to commence drilling within 180 days and continue drilling in an efficient and workmanlike manner until a depth of 4500 feet was reached or production obtained at -a lesser depth; -that about November 1, 1947, defendants had drilled to a depth of 1330 feet; that production was not obtained; that thereafter, no drilling or other operations were conducted on the premises by defendant; -that…