Irving Pasternak v. Pan American Petroleum Corporation, a Delaware Corporation
Court of Appeals for the Tenth Circuit
1Opinion of the Court
ORIE L. PHILLIPS., Circuit Judge.
Pan American Petroleum Corporation 1 entered into a joint operating agreement with Pasternak with respect to a well to be drilled for oil and gas, under which Pan American was to drill and operate the well. Pasternak agreed to pay 37% per cent of the cost of drilling, testing, equipping and operating the well; and if a dry hole, also the cost of plugging it. The well was drilled by Pan American and completed as a dry hole. Pan American billed Pasternak for $59,736.84, being his share of the cost of drilling, testing, and plugging the well. Pasternak denied…
2Cases cited10 opinions
- Erie Railroad v. TompkinsSupreme Court of the United States · 1938
- Hanna v. PlumerSupreme Court of the United States · 1965
- Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
- Guaranty Trust Co. v. YorkSupreme Court of the United States · 1945
- Monarch Insurance Company of Ohio v. May Spach, as Receiver for Ro-Ben, Inc.Court of Appeals for the Fifth Circuit · 1960
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- Andy Wounick v. John M. HysmithCourt of Appeals for the Third Circuit · 1970
- Sun Sales Corp. v. Block Land, Inc.Court of Appeals for the Third Circuit · 1972
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