Opinion by Judge BOORAS.
In this action concerning the exercise of a contractual option to purchase real property, defendant, Atlantic Richfield Company (ARCO), appeals the trial court's judgment in favor of plaintiff, Whiting Oil and Gas Corporation, formerly Equity Oil Company (Equity). We affirm.
I. Factual Background
In 1968, ARCO and Equity entered into an agreement (1968 agreement) involving three parcels of land in western Colorado: the Boies...
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