Texas Pacific Oil Co. v. Holder

WALKER, Justice,

for the Court:

Mr. and Mrs. Benton Holder brought this action for damages against the Texas Pacific Oil Company, Inc., Murphy Oil Corporation, and Robinson Resource Development Company, Inc., in the Circuit Court of the Second Judicial District of Jasper County. The Holders are the owners of a 40-acre tract of land in Jasper County. The three corporate defendants were the lessees under an oil, gas and mineral lease on the entire tract. The Holders alleged that the defendants informed them that they planned to drill an oil well on a 3.5 acre *375section of the tract. That section…