Chanslor-Western Oil & Development Co. v. Cook

*410Opinion

ASHBY, J.

Appellant Chanslor-Western Oil and Development Company appeals from an order denying a preliminary injunction against respondent William Cook (the County Assessor of Santa Barbara County) and his agents.

In 1976 appellant, through its parent company, Santa Fe Industries, Inc., acquired the assets of Westates Petroleum Company. Prior to making a competitive bid on Westates’ assets, appellant prepared a complex appraisal of the future net income stream derivable from Westates’ oil and gas producing properties.

Subsequent to the acquisition, the assessor obtained appellant’s…