This form is used by the Owner to provide notice that the overriding royalty interests which are owned by Owners are to be merged into, combined with, and a part of Owners working interest, and the net revenue interest in production Owner is entitled to in all oil and gas produced from the Lands and Leases.
New Mexico Notice of Merger of Working and Overriding Royalty Interests is an important legal document that pertains to the consolidation or combination of working interests and overriding royalty interests in the state of New Mexico. This notice generally signifies a change in ownership or interests associated with oil and gas properties within the jurisdiction. Keywords: New Mexico, notice, merger, working interest, overriding royalty interest, legal document, consolidation, combination, ownership, oil and gas properties. Different types of New Mexico Notice of Merger of Working and Overriding Royalty Interests may include: 1. Horizontal Merger of Working and Overriding Royalty Interests: This type of notice is filed when multiple horizontal wells or properties are being merged, resulting in a combined working and overriding royalty interest. 2. Vertical Merger of Working and Overriding Royalty Interests: In this case, the merger involves vertically aligned properties or wells, forming a consolidated working and overriding royalty interest. 3. Partial Merger of Working and Overriding Royalty Interests: This type of merger notice refers to situations where only a portion of the working interests and overriding royalty interests are being combined, leaving some interests unaffected. 4. Full Merger of Working and Overriding Royalty Interests: In contrast to a partial merger, a full merger notice is filed when all working interests and overriding royalty interests associated with a particular property or well are being merged into a single entity. 5. Multi-Party Merger of Working and Overriding Royalty Interests: This type of notice is used when multiple parties, such as different operators or investors, are involved in the merger, resulting in the consolidation of their respective working and overriding royalty interests. It is crucial to consult legal professionals or appropriate authorities to ensure the accuracy and compliance of any specific New Mexico Notice of Merger of Working and Overriding Royalty Interests required for a particular transaction or circumstance.New Mexico Notice of Merger of Working and Overriding Royalty Interests is an important legal document that pertains to the consolidation or combination of working interests and overriding royalty interests in the state of New Mexico. This notice generally signifies a change in ownership or interests associated with oil and gas properties within the jurisdiction. Keywords: New Mexico, notice, merger, working interest, overriding royalty interest, legal document, consolidation, combination, ownership, oil and gas properties. Different types of New Mexico Notice of Merger of Working and Overriding Royalty Interests may include: 1. Horizontal Merger of Working and Overriding Royalty Interests: This type of notice is filed when multiple horizontal wells or properties are being merged, resulting in a combined working and overriding royalty interest. 2. Vertical Merger of Working and Overriding Royalty Interests: In this case, the merger involves vertically aligned properties or wells, forming a consolidated working and overriding royalty interest. 3. Partial Merger of Working and Overriding Royalty Interests: This type of merger notice refers to situations where only a portion of the working interests and overriding royalty interests are being combined, leaving some interests unaffected. 4. Full Merger of Working and Overriding Royalty Interests: In contrast to a partial merger, a full merger notice is filed when all working interests and overriding royalty interests associated with a particular property or well are being merged into a single entity. 5. Multi-Party Merger of Working and Overriding Royalty Interests: This type of notice is used when multiple parties, such as different operators or investors, are involved in the merger, resulting in the consolidation of their respective working and overriding royalty interests. It is crucial to consult legal professionals or appropriate authorities to ensure the accuracy and compliance of any specific New Mexico Notice of Merger of Working and Overriding Royalty Interests required for a particular transaction or circumstance.
