If a lease will expire, by its own terms, and the lessee desires to maintain the lease in effect by the payment of bonus, rather than commencing operations, and the terms of the original lease continue to be acceptable to the lessor, the parties may elect to amend the existing lease to extend the primary term, rather than entering into a new lease. This form addresses that situation.
Amendment to Oil and Gas Lease to Extend Primary Term, With No Additional Rentals
Category:
State:
Multi-State
Control #:
US-OG-343
Format:
Word;
Rich Text
Instant download
Description
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