Long Beach California Declaration of Election by Lessor to Convert Royalty Interest to Working Interest

State:
Multi-State
City:
Long Beach
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.

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Long Beach California Declaration of Election by Lessor to Convert Royalty Interest to Working Interest