Agent With Power Of Attorney

State:
Multi-State
Control #:
US-OG-023
Format:
Word; 
Rich Text
Instant download

Description

The Limited Power of Attorney for Oil and Gas Properties form allows a Principal to designate an Agent to manage specific actions related to oil, gas, and mineral properties. Key features include the authority for the Agent to negotiate leases, pool or unitize interests, conduct seismic evaluations, and enter into contracts for drilling and production. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants in the oil and gas sector, providing a clear framework for delegating authority to trusted individuals. Filling out this form involves providing the Principal's and Agent's names and addresses, along with the Effective Date. Users must ensure the scope of the powers granted aligns with their specific needs, as this power of attorney is deemed limited and can be revoked by the Principal at any time through a written notice filed with the county. The document serves as a supportive tool to streamline operations within the oil and gas industry, ensuring legal compliance while facilitating necessary business activities.
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How to fill out Limited Power Of Attorney To Deal With Oil And Gas Properties?

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FAQ

Yes, California law requires that the Durable Power of Attorney must be notarized or signed by at least two witnesses. In California, a principal cannot act as one of the witnesses.

Follow these steps to easily complete our blank durable power of attorney form for California:Step 1: Designate an agent. First, choose someone you trust to be your agent.Step 2: Grant authority.Step 3: Ensure your form is durable.Step 4: Sign and date the form.Step 5: Give copies to relevant parties.

The power of attorney can be signed by the principal or by someone else acting on behalf of the principal, in the principal's presence, and in the principal's name. Sign the document in front of a notary or have the document signed by two witnesses.

Follow these steps to easily complete our blank durable power of attorney form for California:Step 1: Designate an agent. First, choose someone you trust to be your agent.Step 2: Grant authority.Step 3: Ensure your form is durable.Step 4: Sign and date the form.Step 5: Give copies to relevant parties.

One must mention the following details on the Power of Attorney format PDF:The name of the principal.The name of the agent.Signature.Details and legal authorities provided to the agent.Other details depending on the Power of Attorney format for authorized signatories.20-Apr-2020

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Agent With Power Of Attorney