North Carolina Ratification of Royalty Commingling Agreement

Category:

Oil Gas and Minerals - Ratification

State:

Multi-State

Control #:

US-OG-113

Format:

Instant download

Description

A commingling agreement may have been entered into allowing the parties to the agreement to share in royalty based on agreed upon percentages, typically where royalty is not common in all the lands included in a producing or unit around the well. If a party did not sign the original agreement, they may ratify the agreement. This will have the same effect as the ratifying party having executed the original or a counterpart of the agreement.

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North Carolina Ratification of Royalty Commingling Agreement

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North Carolina Ratification of Royalty Commingling Agreement

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