Kingwood Oil Company v. Corporation Commission

1 This is an appeal by Kingwood Oil Company from an Order of the Corporation Commission entered after proceedings initiated there by Cleary Petroleum, Inc., for the purpose of obtaining an increased allowable for Clearys Penner No. 1 well located in the SE 1/4 of Sec. 8, Township 2 North, Range 21 ECM, Beaver County, Oklahoma. Before beginning the proceedings, Cleary had obtained an agreement from the owners of all the royalty under said southeast quarter not to demand the drilling of another well on the quarter section (which was subject to an 80-acre drilling and spacing order) in case Cleary should be successful in obtaining an increased allowable for Penner No. 1 from the Commission.