Questa Energy Corp. v. Vantage Point Energy, Inc.

BOYD, Justice.

Appellant Questa Energy Corporation (Questa) brings this appeal from a directed verdict in favor of appellees Vantage Point Energy (Vantage) and Sceptre Resources Limited (Sceptre). This appeal arises from a suit filed by Questa alleging that Sceptre failed to honor Questa’s preferential right to purchase certain oil and gas interests and seeking either specific performance of the right or damages for the failure to honor that right. The question presented here is whether a preferential right to purchase contained in an oil and gas operating agreement is triggered by a…