Willard Pease Oil & Gas Co. v. Pioneer Oil & Gas Co.

899 P.2d 766 (1995)

WILLARD PEASE OIL AND GAS COMPANY, a Nevada corporation, and W. Don Quigley, an individual, Plaintiffs and Appellants,

v.

PIONEER OIL AND GAS COMPANY, a Utah corporation, Defendant and Appellee.

No. 940188.

Supreme Court of Utah.

June 29, 1995.

Thomas W. Bachtell, John F. Waldo, Brent A. Bohman, Salt Lake City, for plaintiffs.

Stephen J. Hill, Gregg B. Colton, Salt Lake City, for defendant.

STEWART, Associate Chief Justice:

Plaintiffs Willard Pease Oil and Gas Company and W. Don Quigley appeal the district court's ruling that they are not entitled to their share of proceeds from a…