Jimmy B. Myers, Petitioner v. Gulf Coast Minerals Management Corporation, Respondent

Summary

The Texas Supreme Court reversed the Court of Civil Appeals and affirmed the trial court, holding that the farm‑out agreement required Gulf Coast to pay the $2,000 consideration and that the term “may earn” is conditional, not permissive. The Court also affirmed the summary‑judgment ruling for Myers. Justice Griffin dissented, supporting the appellate court’s permissive construction.