Simms Oil Co. v. Colquitt

On January 25, 1917, the owners of a tract of 160 acres of land in Young county executed an oil lease, covering the land, to the defendant in error, O. B. Colquitt, and one J. N. Graves. Among the provisions of said lease it was provided as follows :

“It is agreed that this lease shall remain in force for the term of 5 years from this date, and as long thereafter as oil and gas, or either of them, is produced therefrom by the party of the second part [Colquitt and Graves], The party of the second part agrees to commence operations for drilling a well on said premiáes within 8 months from the…