Barnett v. Hagans

STEINFELD, Judge.

Appellant Barnett and Alert Oil & Gas Company were co-owners of a gas well known as Romans Well # 2. A dispute arose as to whether Barnett agreed to convey to appellee, Hagans, a 10-percent working interest in that well in settlement of an undetermined amount Hagans claimed for overpayment in a joint venture involving a Knott County well and in consideration of Hagans’ having obtained for Barnett an oil and gas lease of the property on which the well was located. Suit was instituted to force Barnett to convey a 10-per-cent working interest and for an accounting and payment of…