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IMCO OIL & GAS CO. v. MITCHELL ENERGY CORP.

No. 2-95-056-CV.

911 S.W.2d 916 (1995)

IMCO OIL & GAS COMPANY, Appellant, v. MITCHELL ENERGY CORPORATION, Appellee.

Court of Appeals of Texas, Fort Worth.

December 14, 1995.

Attorney(s) appearing for the Case

McLean & Sanders, and A. William Brackett, Fort Worth, for appellant.

Hughes & Luce, L.L.P., and R. Doak Bishop, William T. Reid, IV, Dallas, for appellee.

Before DAY, DAUPHINOT and RICHARDS, JJ.

OPINION

DAY, Justice.

This is a contract dispute involving a preferential right provision contained in an oil and gas operating agreement. The trial court granted summary judgment in favor of appellee. We affirm.

FACTUAL BACKGROUND

The facts of this dispute are complicated and involve operating agreements covering the Lassater Field, located in Marion County, Texas. Before May 21, 1971, Mobil Oil Company (Mobil), Texaco Incorporated (Texaco...

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