MORRIS, Chief Justice.
On February 12, 1959, Johnnie Hummel, Jr. and Claudia F. Hummel purchased from the defendants, doing business as Kranz Oil Company, a working interest in an oil well located in Saskatchewan, Canada, not yet drilled but to be situated on Legal Subdivision number 15 on the North One-half and the Southeast Quarter of Section 22, in Township 6, Range 9, West of the Second Meridian. The purchase was evidenced by a "Working Interest Agreement" for...
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