WILLIAM A. NORRIS, Circuit Judge:
In 1978, appellant Texaco Refining and Marketing Inc. (Texaco) and Oasis Petroleum Corp. (Oasis) entered into a contract obligating Texaco to sell and Oasis to buy oil. Appellee Aetna Casualty and Surety Co., Inc. (Aetna) issued a bond guaranteeing payment for Oasis' oil purchases under the contract.
On December 5, 1985, Texaco and Oasis executed a Seventh Amendment to the contract. The amendment, which was by its own terms...
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