Western Petroleum Co. v. Atlantic Refining Co.

MOISE, Justice.

Under date of April 23, 1932, one C. M. Carlson obtained an Oil and Gas Prospecting Permit covering 2560.20 acres of land in Lea County, New Mexico, from the Secretary of Interior. On November 2,. 1936, C. M. Carlson, as “Owner,” and Anderson-Prichard Oil Corporation, hereinafter referred to as Anderson-Prichard,. as “contractor,” entered into a drilling and operating agreement covering the 2560.20-acres included in the prospecting permit, whereby Anderson-Prichard was given certain rights of possession and occupancy of the lands for purposes of “prospecting or drilling for,…