Westland Oil Development Corporation, Petitioners v. Gulf Oil Corporation, Respondents

Summary

The Texas Supreme Court held that Gulf and Superior were on notice, as a matter of law, of Westland's equitable claim arising from the November 15, 1966 letter agreement, and that the area‑of‑mutual‑interest clause in that agreement is enforceable for sections 19, 23 and 24 but unenforceable for sections 25, 26 and 30 under the statute of frauds. Justice Wallace dissented, arguing that notice should be a factual question and that the majority’s notice holding should be remanded.