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BIG CHIEF DRILLING CO. v. ARGONAUT INSURANCE COMPANIES

Civ. No. 71-343.

350 F.Supp. 412 (1972)

BIG CHIEF DRILLING COMPANY, a corporation, Plaintiff, v. ARGONAUT INSURANCE COMPANIES, d/b/a Argonaut-Southwest Insurance Company, a corporation, Defendant.

United States District Court, W. D. Oklahoma, Civil Division.

August 4, 1972.

Attorney(s) appearing for the Case

George L. Mothershed, Oklahoma City, Okl., for plaintiff.

John T. Edwards, Oklahoma City, Okl., for defendant.

MEMORANDUM OPINION

DAUGHERTY, Chief Judge.

Plaintiff, Big Chief Drilling Company (Big Chief) obtained an Oil and Gas Well Drilling Rig Tool Floater Policy from Defendant, Argonaut Insurance Companies d/b/a Argonaut-Southwest Insurance Company (Argonaut), effective from March 23, 1967 to March 23, 1970. During the course of drilling the Sunray DX Oil Company No. 1 Franz Well, twelve 10" O.D. drill collars were used with Rig No. 37 to drill the well. Six of...

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