This form is an agreement that is used by the Parties that are the owners of working, royalty, or other oil and gas interests in the unit area subject to this Agreement. It is pursuant to the Mineral Leasing Act of February 25, 1920, as amended, 30 U.S.C. Sec. 181 et seq., authorizes Federal lessees and their representatives to unite with each other, or jointly or separately with others, in collectively adopting and operating under a unit plan of development or operations of all or any part of any oil and gas pool, field, or like area, for the purpose of more properly conserving the natural resources whenever determined and certified by the Secretary of the Interior to be necessary or advisable in the public interest.
District of Columbia Exploratory Unit Agreement
State:
Multi-State
Control #:
US-OG-737
Format:
Word;
Rich Text
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FAQ
Agreed Disposition means the disposition of a Complaint or Charge of Misconduct agreed to by Respondent and Bar Counsel and approved by a Subcommittee, District Committee, or the Board.
The most common form of a disposition would be selling a stock investment on the open market, such as a stock exchange. Other types of dispositions include donations to charities or trusts, the sale of real estate, either land or a building, or any other financial asset.
Disposition means the positive or negative way a person views the world. In contrast, your character is determined by your inner moral values, and your personality reflects what you're like as an individual.
A unit agreement entails a BLM-approved agreement to cooperate in all facets of oil and gas production, without regard to lease boundaries and ownership. All unit agreements are subject to Onshore Oil and Gas Operations regulations (43 CFR Part 3160).
Disposition Agreement means a definitive written agreement providing for a transaction or series of transactions between the Company or its Affiliates and any Person who is not an Affiliate of the Company regarding a Disposition.
Disposition, in trusts and estates law, is the transfer, gift or sale of property from one individual to another. Disposition is generally done through a deed or will and involves transfer of possession.
Common dispositions are: Convicted: means you have plead or been found guilty by a court of law. Acquitted: means you have been found not guilty by a court of law in a criminal trial. Dismissed: means the court or prosecutor has decided the charge against you should not go forward, terminating the case.