Gotham Insurance Co. v. Petroleum Development Corp.

MEMORANDUM OPINION

Opinion by

SARAH B. DUNCAN, Justice.

Gotham Insurance Company appeals the trial court’s summary judgment in favor of Petroleum Development Corporation d/b/a Pedeco, Warren Resources, Inc., and Oil Technology Fund 1996-Series D, L.P. in Gotham’s suit seeking reimbursement of insurance proceeds it paid under a well control policy after the Halff-Oppenheimer Well # 1 (“the H & 0 Well”) blew out and in Pedeco’s counterclaim for breach of contract. In its cross appeal, Pedeco challenges the trial court’s summary judgment against it on its counterclaims for bad faith and, violations…