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Virgin Islands Seismic Option Agreement with Option to Purchase Interest in Oil and Gas Leases from Lessee

State:
Multi-State
Control #:
US-OG-239
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Owner owns the entire leasehold estate created by Oil and Gas Leases and the Optionee desires to evaluate the Lands for oil and gas prospects by conducting seismic surveys and/or other geophysical explorations and investigations on the Lands and to obtain an option to purchase the interest of Owner in the Leases.

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Virgin Islands Seismic Option Agreement with Option to Purchase Interest in Oil and Gas Leases from Lessee