Legal Opinion
Longhorn Oil & Gas Co. v. Fox & Holland, Ltd. (In Re Longhorn Oil & Gas Co.)
United States Bankruptcy Court, S.D. Texas
Decided August 14, 1986No. 19-03318PublishedCited by 1 opinion
1Opinion of the Court
OPINION AND ORDER ON MOTIONS FOR SUMMARY JUDGMENT
LETITIA Z. TAITTE, Bankruptcy Judge.
I. Facts
On September 1, 1980, Longhorn Oil and Gas Co., Debtor, and Fox and Holland entered into an oil and gas lease operating agreement whereby the Debtor was designated as operator and Fox and Holland the non-operator. In July, 1981, Debtor completed and abandoned a dry hole known as the Red Fish Reef Well. In connection with the drilling of this well, Debtor charged Fox and Holland for tubing and casing which the Debtor purchased. In March of 1982, Debtor’s treasurer made bookkeeping entries in the amount…
2Cases cited8 opinions
- Jaffke v. DunhamSupreme Court of the United States · 1957
- Meadows v. BierschwaleTexas Supreme Court · 1974
- In the Matter of Kennedy & Cohen, Inc. State of Wisconsin v. Melvin Reese, TrusteeCourt of Appeals for the Fifth Circuit · 1980
- Tyra v. WoodsonTexas Supreme Court · 1973
- Palmer v. FuquaCourt of Appeals for the Fifth Circuit · 1981
3 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- In Re American International Airways, Inc.United States Bankruptcy Court, E.D. Pennsylvania · 1987