New Mexico Ratification of Amendment to Operating Agreement — By Working Interest Owner Description: A New Mexico Ratification of Amendment to Operating Agreement — By Working Interest Owner is a legal document that serves to confirm and approve any amendments made to an existing operating agreement pertaining to oil, gas, or mineral rights in the state of New Mexico. Keywords: 1. New Mexico: Refers to the state where the operating agreement is being ratified. 2. Ratification: The action of formally approving and confirming the amendment made to the existing operating agreement. 3. Amendment: A change or modification to the original terms and conditions of the operating agreement. 4. Operating Agreement: A legally binding contract that outlines how the oil, gas, or mineral rights will be managed and operated among the parties involved. 5. Working Interest Owner: The individual or entity that owns a percentage of the working interest in the oil, gas, or mineral rights. 6. Oil: Refers to the natural resource extracted from the ground for various purposes, such as fuel and lubricants. 7. Gas: Refers to the natural resource extracted from the ground, primarily used as a source of energy and heating. 8. Mineral Rights: The ownership rights to extract and profit from minerals found beneath the surface of a property. 9. Legal Document: A written instrument that holds legal significance and serves as evidence of an agreement between parties. 10. Confirmation: The act of verifying and affirming the amendment to the operating agreement. 11. Formal Approval: The official consent and acceptance of the amendment. 12. Terms and Conditions: The specific provisions and requirements outlined in the operating agreement. 13. Ownership Percentage: The proportionate share of the working interest in the oil, gas, or mineral rights held by the working interest owner. Types of New Mexico Ratification of Amendment to Operating Agreement — By Working Interest Owner: 1. Ratification of Amendment to Operating Agreement — By Individual working interest owner. 2. Ratification of Amendment to Operating Agreement — By Corporate working interest owner. 3. Ratification of Amendment to Operating Agreement — By Partnership working interest owner. 4. Ratification of Amendment to Operating Agreement — By Limited Liability Company (LLC) working interest owner. 5. Ratification of Amendment to Operating Agreement — By Trust working interest owner. 6. Ratification of Amendment to Operating Agreement — By Joint Venture working interest owner.