Supreme Court of Texas
Arkoma Basin Exploration Co., Inc. et. al. v. FMF Assocs. 1900-A, Ltd., 03-1066
Under Viginia law, Arkoma's reserve estimates in the mature Wilburton gas field were actionable as statements of fact, while those in the South Panola field were nonactionable statements of opinion; the judgment is affirmed as to certain partnerships, and reversed as to the remainder.
Appellate Information
- Argued 12/01/2005
- Decided 01/25/2008
- Published 01/25/2008
Judges
- Justice BRISTER delivered the opinion of the Court in which Chief Justice JEFFERSON, Justice HECHT, Justice WAINWRIGHT, Justice GREEN, Justice MEDINA, Justice JOHNSON, and Justice WILLETT joined.
Court
- Supreme Court of Texas
Counsel
- For Appellant:
- P. Michael Jung, Kenneth S. Beat, Strasburger & Price, L.L.P., David M. Gunn, C. Gregory Shamoun, Howard Jay Klatsky, Shamoun & Klatsky, P.C., Dallas, TX, for Petitioners., Jack Crichton, Crichton & Associates, Dallas, Aaron Cawley, Cawley Gillespie & Associates, Fort Worth, Lance Holland, Rockwall, B. Charles Spradlin, Larry T. Long, Kilgore, H.J. Gruy, Houston, Alex Mills, Wichita Falls, TX, for Amicus Curiae.
- For Appellees:
- Brian Paul Sanford, Sheils, Winnubst, Sanford & Bethune, P.C., Richardson, Cynthia Hollingsworth, Gardere Wynne Sewell LLP, Dallas, Jeremy C. Martin, Irving, TX, for Respondents.