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Pooling Agreement Between Lessee and Royalty Owners on Two Tracts, With Depth Limitation

State:
Multi-State
Control #:
US-OG-368
Format:
Word; 
Rich Text
Instant download

Description

This form is used when royalty owners are the owners of royalty and mineral interests in Tracts 1 and 2, subject to the terms of Lease 1 and Lease 2. Recognizing that each of the Royalty Owners may not own an Interest in both Tracts 1 and 2, or may not own an identical Interest in Tracts 1 and 2, it is their desire, together with Lessee, to pool and unitize these two Tracts for oil and gas operations.

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Pooling Agreement Between Lessee and Royalty Owners on Two Tracts, With Depth Limitation