This form is used by the Owner to provide notice that the overriding royalty interests which are owned by Owners are to be merged into, combined with, and a part of Owners working interest, and the net revenue interest in production Owner is entitled to in all oil and gas produced from the Lands and Leases.
Indiana Notice of Merger of Working and Overriding Royalty Interests is a legal document that consolidates and transfers ownership interests in oil, gas, and mineral properties within the state of Indiana. This notice is typically generated when there is a merger or acquisition involving these interests, resulting in a change of ownership. The Indiana Notice of Merger of Working and Overriding Royalty Interests serves as an official announcement of the merger, providing details about the parties involved, effective date, and the specific oil, gas, or mineral leases affected by the transaction. It outlines the terms and conditions of the merger, ensuring all interested parties are aware of the changes and their resulting impact. Some relevant keywords associated with the Indiana Notice of Merger of Working and Overriding Royalty Interests include: 1. Merger: Describes the consolidation of ownership interests, typically between two or more companies involved in the extraction or production of oil, gas, or minerals. 2. Working Interests: Refers to the percentage of ownership and responsibility for costs related to the exploration, development, and operation of a lease. This can include drilling and production expenses. 3. Overriding Royalty Interests: Represents a non-operating interest in the revenues generated by an oil, gas, or mineral lease, often granted to a third party who does not bear the costs of exploration and operation. 4. Property: Indicates the oil, gas, or mineral lease that is subject to the merger, including specific locations and legal descriptions. 5. Ownership: This pertains to the transfer of ownership rights from one party to another as a result of the merger. It includes the name and contact information of the previous and new owners. 6. Effective Date: Specifies the date on which the merger becomes legally effective, usually after fulfilling certain legal requirements or obtaining necessary approvals. It's important to note that there may be different types of Indiana Notice of Merger of Working and Overriding Royalty Interests, such as those specific to a particular county or region within Indiana. Therefore, it is advisable to consult relevant legal resources or professionals for accurate and up-to-date information based on the specific location and circumstances.
