John O. Schofield, Inc. v. Nikkel

The plaintiff, John O. Schofield, Inc. (Schofield), is Stephen Wilson’s assignee and successor in interest. Schofield claims that defendant Sam H. Nikkei orally agreed to convey to Wilson an interest in all oil and gas leases acquired in an area known as the Boulder Field Unit (Boulder Field) in exchange for Wilson’s geological services. Nikkei maintains that he agreed to convey to Wilson only an interest in the portion of Boulder Field known as lease A, the lease promoted by Nikkei.

Schofield appeals the trial court’s judgment denying its claim for specific performance of the oral agreement.…