Canterra Petroleum, Inc. v. Western Drilling & Mining Supply

ERICKSTAD, Chief Justice.

NorthStar Equipment Corporation [“NorthStar”] appeals from a district court summary judgment awarding Western Drilling & Mining Supply [“Western”] $228,245.72 on its third-party claim against NorthStar. We reverse and remand for trial.

This multi-party litigation arises out of various transactions involving a certain quantity of oilfield pipe. The pipe was originally owned by Mitchell Energy Corporation [“Mitchell”]. In late 1981, Mitchell entrusted the pipe to Port Pipe Terminal, Inc. [“Port Pipe”] for storage.

Through paper transactions, two high-ranking employees of…