This form of declaration provides notice that the unit owner pools, unitizes, and combines the Unit Leases, including all renewals, extensions, ratifications, and amendments of the Unit Leases and the lands covered by those Leases and the mineral and/or royalty estates in the lands subject to the Leases into a unit for the exploration, development, and production of oil, gas, and associated hydrocarbons (the Unit ).
The Franklin Ohio Declaration of Pooled Unit — Long Form is a legal document that outlines the terms, conditions, and regulations regarding the pooling of mineral interests for oil and gas extraction within Franklin, Ohio. This declaration serves as a contract between the landowners and the operators involved in the pooling process. Keywords: Franklin Ohio, Declaration of Pooled Unit, Long Form, legal document, terms, conditions, regulations, pooling, mineral interests, oil, gas extraction, landowners, operators, contract. Types of Franklin Ohio Declaration of Pooled Unit — Long Form: 1. Franklin Ohio Declaration of Pooled Unit — Long Form for Oil Extraction: This type of declaration specifically addresses the pooling of mineral interests with the intention of extracting oil from the designated area within Franklin, Ohio. It includes detailed provisions related to the oil extraction process and related rights and obligations of the parties involved. 2. Franklin Ohio Declaration of Pooled Unit — Long Form for Gas Extraction: Similar to the oil extraction declaration, this type of document focuses on the pooling of mineral interests in the extraction of natural gas from the specified area within Franklin, Ohio. It incorporates provisions and terms specific to the gas extraction process, ensuring fair and equitable distribution of royalties and responsibilities among the involved parties. 3. Franklin Ohio Declaration of Pooled Unit — Long Form for Combined Oil and Gas Extraction: In situations where both oil and gas extraction are viable within a given area of Franklin, Ohio, this type of declaration is utilized. It covers the pooling of mineral interests in the combined extraction of oil and gas, outlining the regulations and protocols applicable to both resources. 4. Franklin Ohio Declaration of Pooled Unit — Long Form for Multiple Landowners: In cases where multiple landowners collectively own mineral interests within Franklin, Ohio, this variation of the declaration is employed. It defines the rights, duties, and revenue-sharing arrangements among the landowners, ensuring efficient management and representation of their pooled interests. 5. Franklin Ohio Declaration of Pooled Unit — Long Form for Specific Geological Formation: When the declaration pertains to a specific geological formation within Franklin, Ohio, this type of document is used. It focuses on the pooling of mineral interests within that distinct formation, taking into consideration any unique characteristics or technical requirements associated with its extraction. Overall, the Franklin Ohio Declaration of Pooled Unit — Long Form provides a comprehensive legal framework for pooling mineral interests, ensuring the smooth operation of oil and gas extraction activities within the designated area in Franklin, Ohio.The Franklin Ohio Declaration of Pooled Unit — Long Form is a legal document that outlines the terms, conditions, and regulations regarding the pooling of mineral interests for oil and gas extraction within Franklin, Ohio. This declaration serves as a contract between the landowners and the operators involved in the pooling process. Keywords: Franklin Ohio, Declaration of Pooled Unit, Long Form, legal document, terms, conditions, regulations, pooling, mineral interests, oil, gas extraction, landowners, operators, contract. Types of Franklin Ohio Declaration of Pooled Unit — Long Form: 1. Franklin Ohio Declaration of Pooled Unit — Long Form for Oil Extraction: This type of declaration specifically addresses the pooling of mineral interests with the intention of extracting oil from the designated area within Franklin, Ohio. It includes detailed provisions related to the oil extraction process and related rights and obligations of the parties involved. 2. Franklin Ohio Declaration of Pooled Unit — Long Form for Gas Extraction: Similar to the oil extraction declaration, this type of document focuses on the pooling of mineral interests in the extraction of natural gas from the specified area within Franklin, Ohio. It incorporates provisions and terms specific to the gas extraction process, ensuring fair and equitable distribution of royalties and responsibilities among the involved parties. 3. Franklin Ohio Declaration of Pooled Unit — Long Form for Combined Oil and Gas Extraction: In situations where both oil and gas extraction are viable within a given area of Franklin, Ohio, this type of declaration is utilized. It covers the pooling of mineral interests in the combined extraction of oil and gas, outlining the regulations and protocols applicable to both resources. 4. Franklin Ohio Declaration of Pooled Unit — Long Form for Multiple Landowners: In cases where multiple landowners collectively own mineral interests within Franklin, Ohio, this variation of the declaration is employed. It defines the rights, duties, and revenue-sharing arrangements among the landowners, ensuring efficient management and representation of their pooled interests. 5. Franklin Ohio Declaration of Pooled Unit — Long Form for Specific Geological Formation: When the declaration pertains to a specific geological formation within Franklin, Ohio, this type of document is used. It focuses on the pooling of mineral interests within that distinct formation, taking into consideration any unique characteristics or technical requirements associated with its extraction. Overall, the Franklin Ohio Declaration of Pooled Unit — Long Form provides a comprehensive legal framework for pooling mineral interests, ensuring the smooth operation of oil and gas extraction activities within the designated area in Franklin, Ohio.
