Legal Opinion
Universal Resources Corporation, Cross-Appellant v. Panhandle Eastern Pipe Line Company, Cross-Appellee
Court of Appeals for the Fifth Circuit
Decided March 31, 1987No. 86-1420PublishedCited by 28 opinions
1Opinion of the Court
WOODWARD, District Judge:
FACTS
This is a diversity case arising out of the breach of a Gas Purchase and Sales Agreement between Universal Resources Corporation (URC) and Panhandle Eastern Pipe Line Company (Panhandle). URC is a non-operating cotenant owner of gas wells in Oklahoma. URC, as seller, and Panhandle, as buyer, entered into a fifteen-year gas purchase and sales agreement (Agreement) in 1982. Under the Agreement, URC is required to tender for delivery a certain quantity of gas (Contract Quantity) 1 to Panhandle at its pipeline connection. The Agreement also contains a standard “take-…
2Cases cited10 opinions
- Pittsburgh-Des Moines Steel Co., Plaintiff-Counter-Defendant-Appellant v. Brookhaven Manor Water Co., Defendant-Counter-Plaintiff-AppelleeCourt of Appeals for the Seventh Circuit · 1976
- Richland Plantation Company v. Justiss-Mears Oil Company, Inc.Court of Appeals for the Fifth Circuit · 1982
- Paragon Resources, Inc. v. National Fuel Gas Distribution CorporationCourt of Appeals for the Fifth Circuit · 1983
- Southern Natural Gas Company, Cross-Appellee v. Pursue Energy, Cross-AppellantCourt of Appeals for the Fifth Circuit · 1986
- Crown Central Petroleum Corporation v. National Union Fire Insurance Company of Pittsburgh, Pennsylvania, DefendantCourt of Appeals for the Fifth Circuit · 1985
5 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Kaiser-Francis Oil Company, a Delaware Corporation v. Producer's Gas Company, a Texas CorporationCourt of Appeals for the Tenth Circuit · 1989
- Prenalta Corp. v. Colorado Interstate Gas Co.Court of Appeals for the Tenth Circuit · 1991
- Mandell v. Hamman Oil and Refining Co., Texas Court of Appeals, 1st District (Houston)1991
- United States v. GiordanoCourt of Appeals for the Eighth Circuit · 1969
- Diamond Shamrock Exploration Co. v. HodelCourt of Appeals for the Fifth Circuit · 1988
23 more not listed; retrieve them via the Exa API.