Graefe & Graefe, Inc. v. Beaver Mesa Exploration Co.

VAN CISE, Judge.

Defendants (lessees) appeal and plaintiffs (lessors) cross-appeal portions of the judgments and orders entered by the trial court in 1982 and 1983 following remand from this court in Graefe & Graefe, Inc. v. Beaver Mesa Exploration Co., 635 P.2d 900 (Colo.App.1981). We affirm in part and reverse in part.

The facts concerning this consolidated case are contained, for the most part, in the earlier opinion referred to above and will not be repeated here. After remand, the oil and gas leases on all but the 40 acres surrounding Graefe well No. 1 were can-celled as directed by this…