[Download] "Southern Union Exploration Co. V. Wynn Exploration Co." by New Mexico Supreme Court " Book PDF Kindle ePub Free

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eBook details

• Title: Southern Union Exploration Co. V. Wynn Exploration Co.
• Author : New Mexico Supreme Court
• Release Date : January 13, 1981
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 76 KB

Description

SX (Southern Union Exploration Company) entered written agreements with one or more of the Wynn defendants for the exploration and development of oil and gas property. The Wynn defendants are R. C. Wynn, Wynn Oil (Wynn Oil Company) and Wynn X (Wynn Exploration Co., Inc.). Wynn Oil and Wynn X are Texas corporations; R. C. Wynn is the sole stockholder of each corporation. Payments due to SX pursuant to the agreements were not made; SX sued to collect those payments and to foreclose an operator's lien. The trial court entered judgment against Wynn Oil and Wynn X, and foreclosed the lien. The liability of Wynn X is not contested. The issues to be discussed are: (1) Apart from Wynn X, who is liable?; (2) the amount of the judgment; and (3) attorney fees.

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