Masciantonio v. SWEPI LP

MEMORANDUM

Christopher C. Conner, Chief Judge

This breach of contract action presents a manifold dispute over the proper interpretation of a bonus payment provision in two separate but identical oil and gas leases executed by and between defendant SWEPI LP (“SWEPI”) and two plaintiff groups of landowners: Janet E. Mascianto-nio and Martin J. Masciantonio, (“the Mas-ciantonios”); and Paul R. Latshaw and Paul B. Latshaw, (“the Latshaws”), in their capacities as co-trustees of the Phyllis E. Latshaw Residuary Trust Created Under the Will of Phyllis E. Latshaw (“the Latshaw Trust”). Before the…