Eastern Natural Gas Corporation and Dest Exploration Incorporated v. Aluminum Company of America
Court of Appeals for the Seventh Circuit
1Opinion of the Court
ILANA DIAMOND ROVNER, Circuit Judge.
Eastern Natural Gas Corp. (“ENG”) and Dest- Exploration, Inc. (“Dest”) discovered that going on the offensive is not always the best strategy. When they sued Aluminum Company of America (“ALCOA”) for breach of contract, ALCOA countersued for fraud. Dest and ENG lost on both claims before a jury and now appeal. We affirm.
I
ALCOA owned the rights to drill for oil and gas on approximately 40,000 acres of property in Indiana owned by Peabody Development Company. Commensurate with these rights, ALCOA acquired certain obligations to drill on and develop the land.…
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