Ay result in assignments being returned for corrections. ASSIGNMENT OF INTEREST IN OIL AND GAS LEASES, GEOTHERMAL LEASES, AND EXPLORATION LICENSES INSTRUCTION SHEET DNR FORM DO&G 25-84 (revised 3/12) DEFINITIONS: Assignor: A person transferring an interest in an oil and gas or geothermal lease. Assignee: A person receiving an interest in an oil and gas or geothermal lease. Working Interest: An interest in an oil and gas or geothermal lease that gives the owner the right to work on.
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How to fill out the AK DO&G 25-84 online
Filling out the AK DO&G 25-84 application for the assignment of interest in oil and gas leases and geothermal leases can be straightforward with the right guidance. This guide provides clear instructions to help you successfully complete the form online, ensuring that all necessary information is included and formatted correctly.
Follow the steps to complete the AK DO&G 25-84 application online:
- Press the ‘Get Form’ button to access the AK DO&G 25-84 application form and open it in your preferred online editor.
- In Item 1, insert the ADL number for the lease that is being transferred.
- In Item 2, input the assignor’s name as listed in their qualification file.
- In Item 3, provide the assignor’s current address, ensuring it matches the address on file.
- In Item 4, state the assignee’s name.
- In Item 5, enter the assignee’s current address from their qualification file.
- In Item 6, specify the assignor’s current ownership percentage of the working interest or overriding royalty interest.
- In Item 7, indicate the percentage of interest to be assigned to the assignee.
- In Item 8, show the percentage of interest the assignor will retain after the transfer.
- In Item 9, write the legal description of the lands affected by this assignment using Township, Range, and Meridian details. If it is lengthy, attach Exhibit A and indicate 'See Exhibit A'.
- Ensure that all necessary items are completed and no extraneous information has been included, as this may return the application for correction.
- Finalize the application by having both parties sign and date the signature page in the presence of a notary public.
- After completing the application, save your changes, and prepare it for submission.
- Submit the application and the required $150 filing fee to the Department of Natural Resources, Division of Oil and Gas.
Start completing your AK DO&G 25-84 application online today!
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