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NATOL PETROLEUM CORP. v. AETNA INSURANCE CO.

No. 72-1004.

466 F.2d 38 (1972)

NATOL PETROLEUM CORPORATION, Plaintiff-Appellee, v. AETNA INSURANCE COMPANY, Defendant-Appellant.

United States Court of Appeals, Tenth Circuit.

September 8, 1972.

Attorney(s) appearing for the Case

Kent F. Frates, of Sullivan, Frates & Maguire, Oklahoma City, Okl., (Anthony F. Maguire, of Sullivan, Frates & Maguire, Oklahoma City, Okl., on the brief), for plaintiff-appellee.

Ronald R. Hudson, of Rhodes, Hieronymus, Holloway & Wilson, Tulsa, Okl., for defendant-appellant.

Before JONES, SETH and McWILLIAMS, Circuit Judges.

McWILLIAMS, Circuit Judge.

Natol Petroleum Corporation, an oil and gas exploration company, brought an action against Aetna Insurance Company, alleging the breach of a contract of insurance issued it by Aetna. The action seeks reimbursement of sums paid by Natol in satisfaction of its contractual liability to a third party.

Natol alleged in its complaint that it incurred liability to a drilling contractor, the Grey-Wolf Drilling Company, under the terms of...

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