Wilds v. Universal Resources Corp.

SIMMS, Vice Chief Justice:

Eldon T. Wilds and Bonnie B. Wilds, lessors, [hereafter the Wilds] brought this action to cancel an oil and gas lease and to quiet title against Universal Resources Corporation, lessee [hereafter Universal], alleging the lease had terminated at the end of the primary term because of Universal’s failure to commence and prosecute drilling operations with due diligence. The trial court sustained Wild’s motion for summary judgment from which order Universal appealed.

The Court of Appeals, Division I, reversed the trial court, and remanded with instructions that the trial…