[Download] "Reo Industries Inc. v. Natural Gas Pipeline Co." by United States Court of Appeals for the Fifth Circuit # Book PDF Kindle ePub Free

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eBook details

• Title: Reo Industries Inc. v. Natural Gas Pipeline Co.
• Author : United States Court of Appeals for the Fifth Circuit
• Release Date : January 03, 1991
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 76 KB

Description

BROWN, Circuit Judge REO Industries appeals from summary judgment for Natural Gas Pipeline (NGPL) in this action for declaratory judgment and damages for the alleged breach of an operating agreement. REO complains that NGPL has breached the agreement governing rights to produce oil and gas by interfering with its right to produce gas. Federal jurisdiction is based on diversity, and Texas law is applied. The dispute centers on the interpretation of the contract, and so we review, as with any question of law, de novo on appeal from summary judgment. Finding no genuine issues of material fact and no legal error, we affirm. Here's What Happened REO owns oil rights, and NGPL owns gas rights on the same 640 acres in the West Panhandle field.1 They are successors to the parties to a 1933 operating agreement governing oil and gas development activities on the subject property and other properties.2 The agreement specifies procedures to be followed when, in drilling, the oil operator finds gas or the gas operator finds oil.3

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