Philadelphia Pennsylvania Notice of Payout by Party Entitled to Reversionary Interest

State:
Multi-State
County:
Philadelphia
Control #:
US-OG-354
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Assignee has recovered certain costs out of Assignee's share of the proceeds of production of oil and gas from producing wells on the Lease, and Assignee's interest in the Lease is reduced. Assignor will be vested with title to an interest in the Lease, the "Reversionary Interest".

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Philadelphia Pennsylvania Notice of Payout by Party Entitled to Reversionary Interest