Humble Oil & Refining Co. v. Rankin

On March 12, 1947 appellant filed a bill of complaint against the appellees alleging that it held a valid oil, gas and mineral lease, dated October 29, 1941, for a primary term of five years and as long thereafter as oil, gas or other mineral is produced from the land therein described or land which is pooled therewith. The lease is on one of the forms in general use in this state and identified as Producers 88 (Rev. 11-39) with Pooling Provision. It provides that the lessee is given the right and power to pool or combine the acreage therein covered, or any portion thereof, with other land in…