Rock Energy, Inc. v. Equity Oil Co.

| .GUIDRY, J.

The assignees of an option to acquire oil, gas and mineral leases appeal a judgment overruling exceptions raised by them objecting to venue. On reviewing the law and the evidence, we reverse.

FACTS AND PROCEDURAL HISTORY

In 1992, Rock Energy, Inc. (“Rock”), purchased an option to acquire oil, gas and mineral leases from Bomer Blanks Lumber Company on land located in Point Coupee Parish. Two years later, by a letter agreement, Rock assigned the option rights acquired from Bomer Blanks Lumber Company, Inc. to Equity Oil Company (“Equity”).1 In consideration of the option rights…