WHITING OIL AND GAS CORPORATION v. ATLANTIC RICHFIELD COMPANY

No. 09CA1081.

321 P.3d 500 (2010)

WHITING OIL AND GAS CORPORATION, f/k/a Equity Oil Company, Plaintiff-Appellee, v. ATLANTIC RICHFIELD COMPANY, Defendant-Appellant.

Colorado Court of Appeals, Div. III.

September 2, 2010.


Attorney(s) appearing for the Case

Welborn Sullivan Meck & Tooley, P.C., Keith D. Tooley , Kathryn Haight , Blake M. Pickett , Denver, Colorado, for Plaintiff-Appellee.

Davis Graham & Stubbs LLP, Shannon Wells Stevenson , Elizabeth H. Titus , Denver, Colorado, for Defendant-Appellant.


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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