This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.
Nashville Tennessee Obligatory Well
Category:
State:
Multi-State
City:
Nashville
Control #:
US-OG-710
Format:
Word;
Rich Text
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Description
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