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District of Columbia Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease

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Multi-State
Control #:
US-OG-085
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Description

Faced with a similar situation to that encountered when considering using the preceding form, the lessor may desire to extend the lease on only a part of the lands subject to the original lease. This form addresses that situation. The District of Columbia Amendment to Oil and Gas Lease is a legal document that allows for the extension of the primary term of the lease on a specific portion of the lands subject to the lease. This amendment is typically utilized when the lessee wants to continue the exploration and production activities on a particular area beyond the initial agreed-upon timeframe. One type of District of Columbia Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease is called a "Partial Term Extension Amendment." This amendment allows the lessee to extend the primary term on a specific portion of the leased land while keeping the original terms and conditions of the lease intact. It is often used when the lessee wants to focus their operations on a particular section of the leased area. Another type of amendment is the "Multiple Term Extension Amendment." This amendment enables the lessee to extend the primary term of the lease on multiple parts of the leased lands. It may offer flexibility by allowing different extensions on different portions of the lease, based on the lessee's exploration and production plans. Keywords: — District of Columbia Amendment to Oil and Gas Lease — Primary terextensionio— - Lease extension on part of the lands subject to the lease — Partial Term ExtensioAmendmenten— - Multiple Term Extension Amendment — Oil and gas exploration and production Leelanauan— - Terms and conditions

The District of Columbia Amendment to Oil and Gas Lease is a legal document that allows for the extension of the primary term of the lease on a specific portion of the lands subject to the lease. This amendment is typically utilized when the lessee wants to continue the exploration and production activities on a particular area beyond the initial agreed-upon timeframe. One type of District of Columbia Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease is called a "Partial Term Extension Amendment." This amendment allows the lessee to extend the primary term on a specific portion of the leased land while keeping the original terms and conditions of the lease intact. It is often used when the lessee wants to focus their operations on a particular section of the leased area. Another type of amendment is the "Multiple Term Extension Amendment." This amendment enables the lessee to extend the primary term of the lease on multiple parts of the leased lands. It may offer flexibility by allowing different extensions on different portions of the lease, based on the lessee's exploration and production plans. Keywords: — District of Columbia Amendment to Oil and Gas Lease — Primary terextensionio— - Lease extension on part of the lands subject to the lease — Partial Term ExtensioAmendmenten— - Multiple Term Extension Amendment — Oil and gas exploration and production Leelanauan— - Terms and conditions

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District of Columbia Amendment to Oil and Gas Lease to Extend the Primary Term of the Lease on Part of the Lands Subject to the Lease