(Download) "EOG Resources, Inc. v. Killam Oil Co., Ltd." by In the Court of Appeals of the State of Washington Division II # eBook PDF Kindle ePub Free
eBook details
- Title: EOG Resources, Inc. v. Killam Oil Co., Ltd.
- Author : In the Court of Appeals of the State of Washington Division II
- Release Date : January 08, 2007
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 67 KB
Description
In this oil and gas case, the dispute centers on the interpretation of various agreements entered into between the parties predecessors. Killam & Hurd, Ltd., predecessor-in-title to Killam Oil Co., Ltd. and Hurd Enterprises, Ltd. (collectively, "Killam"), are the named lessees in three oil and gas leases located in Webb County, Texas. The leases are designated in the various documents as Lease "A," Lease "B," and Lease "C." In October 1974, Killam and Northern Natural Gas Company ("NNG") entered into a farmout agreement ("the NNG Farmout Agreement"), pursuant to which Killam agreed, if certain conditions were first satisfied, to execute in favor of NNG three assignments of a portion of the working interests in certain zones ("the InterNorth zones") under the three leases. In 1981, NNGs successor-in-interest, InterNorth, Inc., expressed an interest in selling its interests in the InterNorth zones. In December 1982, HNG acquired InterNorth, Inc.s interests in the InterNorth zones and then assigned fifty percent of those interests to Killam. Although commercial production was initially obtained from the InterNorth zones under the NNG Farmout Agreement, production terminated between July 1994 and March 1998.