Opinion
No. 07-17-00456-CV
06-20-2019
JONES ENERGY, INC. AND JONES ENERGY HOLDINGS, LLC, APPELLANTS v. PIMA OIL AND GAS, L.L.C. , APPELLEE
On Appeal from the 31st District Court Hemphill County, Texas
Trial Court No. 7263; Honorable Steven R. Emmert, Presiding
ORDER OF ABATEMENT
Before QUINN, C.J., and CAMPBELL and PIRTLE, JJ.
This appeal involves the interpretation of an Assignment of Overriding Royalty Interest, recorded in Volume 508, Page 146, of the Public Records of Hemphill County, Texas between Spring Resources, Inc., as assignor, and Pima Oil & Gas, L.L.C., as assignee. Pima, Appellee herein, filed suit against Jones Energy, Inc. and Jones Energy Holdings, LLC, Appellants herein, alleging that Jones Energy, Inc., as operator of the Gracie 117-1H well, had failed to properly account to Pima for its overriding royalty interest acquired by virtue of the above-referenced assignment. Following presentation of cross-motions for summary judgment, the trial court ruled in favor of Pima. On May 30, 2019, Jones Energy, Inc. and Jones Energy Holdings, LLC filed a Suggestion of Bankruptcy for Jones Energy, Inc. and certain of its affiliates. See TEX. R. APP. P. 8.1. The suggestion provides notice that Jones Energy, Inc. filed a bankruptcy petition in the United States Bankruptcy Court for the Southern District of Texas on April 14, 2019. The bankruptcy proceeding is currently pending as case number 19-32112, styled In re Jones Energy, Inc.
Accordingly, this appeal is abated and all appellate deadlines are suspended until further order of this court. See TEX. R. APP. P. 8.2. The parties may file a motion to reinstate or sever the appeal if permitted by federal law or the bankruptcy court. See TEX. R. APP. P. 8.3. The parties shall promptly inform this court of the resolution of the bankruptcy proceeding or any other event authorizing reinstatement of the appeal.
It is so ordered.
Per Curiam