Freestone Rider
What is this form?
The Freestone Rider, commonly known as a Pugh Clause, is a lease rider that allows landlords to impose specific limitations on the rights granted to the lessee in an oil and gas lease. This form is useful when additional provisions are needed in a standard lease to address concerns about pooled acreage. Unlike standard lease agreements, the Freestone Rider provides clarity on rights that are severed from the remainder of the acreage, ensuring both parties understand their obligations and limitations within the lease.
What’s included in this form
- Identification of the parties involved in the lease agreement.
- Specific provisions detailing the severance of pooled acreage.
- Limitations on lessee rights beyond the standard lease terms.
- Clauses addressing the duration and conditions under which the rider is effective.
- Signatures of all parties to signify agreement to the riderâs terms.
When to use this document
The Freestone Rider should be used in situations where a property owner wants to include specific terms that limit the lessee's rights in an oil and gas lease transaction. It is particularly beneficial when the lessor has concerns about how pooled acreage is managed, as it allows for more control over how their land can be used. This rider is generally used during the negotiation phase of the lease agreement to establish clear boundaries and expectations.
Who can use this document
This form is intended for:
- Landowners looking to lease their property for oil and gas exploration.
- Lessee companies negotiating lease terms with landowners.
- Attorneys representing either party in lease agreements.
- Individuals seeking to understand their rights and limitations within a leasing context.
Steps to complete this form
- Identify the parties involved in the lease agreement, including the lessor and lessee.
- Clearly outline the specific provisions and limitations related to the pooled acreage.
- Review and revise standard lease terms to incorporate necessary changes or additions.
- Ensure both parties agree to the terms by signing the document in the designated areas.
- Make copies for all parties involved for their records.
Notarization requirements for this form
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to clearly define the severed acreage, leading to misunderstandings.
- Not securing all required signatures from involved parties.
- Using outdated lease terms from previous agreements without proper revision.
- Overlooking state-specific regulations that may affect enforceability.
Why complete this form online
- Convenience of downloading the Freestone Rider any time from the comfort of your home.
- Editability allows you to tailor the form to meet your specific needs before printing.
- Access to forms drafted by licensed attorneys ensures legal reliability.
Quick recap
- The Freestone Rider is essential for defining specific limitations in oil and gas leases.
- Clear identification of terms can prevent disputes between lessors and lessees.
- Understanding local laws is crucial for the valid use of this form.
