Lykins v. Oaks

Opinion of the Count by

Judge Cammack

Reversing.

In November, 1934, D. M. Baker obtained an oil and gas lease on a tract of -land in Estill County, known as the Lowery tract. There were a number of Lowery heirs, but only nine of them signed the lease. Among other things the lease provided that, if no well was commenced within two months from the date of the completion of the lease, it would terminate as to both parties unless a quarterly rental of $25 was paid for the privilege of deferring the commencement of a well, and that the drilling of a .nonproductive well should be sufficient…