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LOUISIANA NEVADA TRANSIT CO. v. MARATHON OIL CO.

Civ. A. No. 89-2824.

770 F.Supp. 325 (1991)

LOUISIANA NEVADA TRANSIT COMPANY v. MARATHON OIL COMPANY.

United States District Court, W.D. Louisiana, Shreveport Division.

July 17, 1991.

Attorney(s) appearing for the Case

Thomas Wyatt and Scott Sinclair, Hargrove, Guyton, Ramey & Barlow, Shreveport, La., for plaintiff.

Robert Roberts, David Matlock and Joseph Wiley, Blanchard, Walker, O'Quin & Roberts, Shreveport, La., for defendant.

MEMORANDUM RULING

STAGG, District Judge.

The parties have filed cross motions for summary judgment. Louisiana Nevada Transit ("LNT") seeks to permanently enjoin Marathon Oil Company ("Marathon") from terminating the Gas Sales Agreement. Marathon's counterclaim asks for a declaratory judgment that the Gas Sales Agreement terminated on January 4, 1990, by exercise of an option to terminate. Marathon's motion for summary judgment does not address its other...

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