Tro-X, L.P. v. Anadarko Petroleum Corp.

This case involves a claim by TRO-X, L.P. that it is entitled to a back-in percentage of the working interest in five mineral leases under which Anadarko Petroleum Company is lessee. The trial court agreed with TRO-X, but the court of appeals did not, and reversed. We affirm.

I. Factual and Procedural Background

In early 2007, TRO-X, as lessee, executed mineral leases with David E. Cooper; Hill-Cooper, Ltd.; Richard W. Cooper; Kendall C. Hill; and Shirley Cooper (collectively, the Coopers). These leases (the 2007 Leases) contained identical terms, including a clause that required TRO-X to drill…