Grady L. Fox, Petitioners v. Julia Thoreson, Respondent

Summary

The Texas Supreme Court held that the oil, gas and mineral lease between Julia Thoreson and Grady Fox did not terminate at the end of the second 120‑day period because the lease language "as long thereafter" refers to the period after production is obtained, not to the completion deadline, and therefore reversed the lower courts' judgments and remanded for entry of judgment consistent with this interpretation.