Summit Petroleum, Inc. v. K.S.T. Oil & Gas Co.

Reece, Presiding Judge.

K.S.T. Oil & Gas Company, Inc. (“K.S.T.”) appeals the trial court’s decision granting partial summary judgment in favor of Summit Petroleum, Inc. (“Summit”), on the issue of liability under a natural gas contract. Summit cross-appeals the court’s denial of its claims for punitive damages and prejudgment interest.

We must first direct our attention to the question of whether this court presently has jurisdiction to entertain the appeal and cross-appeal. The basis of the appeal is the granting of a summary judgment to the plaintiff on the issue of liability only. That…