Burton v. Rex Oil Gas Company

Plaintiff’s bill of complaint prays that he be decreed to be the owner of 1,500 feet of casing and. for a mandatory injunction requiring defendants to deliver the casing to him and for an accounting of certain oil receipts. Prom decree for plaintiff defendant Rex Oil & Gas Company, hereinafter called defendant, appeals.

One Hubert Smith owned oil and gas' leases covering acreage upon which he had drilled an oil well. In May of 1946, he granted defendant an option to purchase all oil which might be produced by the well or from the acreage. In turn, the defendant entered into a written agreement…