Bakersfield California Declaration of Election by Lessor to Convert Royalty Interest to Working Interest
Category:
State:
Multi-State
City:
Bakersfield
Control #:
US-OG-311
Format:
Word;
Rich Text
Instant download
Description
This form is used when the Declarant reserved a (Fraction or Percentage) royalty interest, and the option, but not the obligation, to convert the reserved royalty interest to an undivided percentage working interest, at payout, as defined in the Lease.
