Chisos LTD. v. JKM Energy, L.L.C.

OPINION

BUSTAMANTE, Judge.

{1} This case involves a dispute over the ownership of certain interests in two oil wells — the Stetson well and the HL2 well— both of which are located in the W/2 of Section 2, Township 19 South, Range 29 East, N.M.P.M., Eddy County, New Mexico (the W/2 of Section 2). The case presents two issues: (1) Did the “Conveyance and Bill of Sale” Appellant Chisos, Ltd. (Chisos), and Appellee JKM Energy, L.L.C. (JKM) entered into convey all of Chisos’ operating rights in the W/2 of Section 2, or did it convey rights only in the Stetson well? (2) Is the district court’s…