This form provides for the reassignment of interests in the event a well is required to be drilled, deepened, reworked, plugged back, sidetracked, or recompleted, or any other operation that may be required in order to (1) continue a Lease or Leases in force and effect, or (2) maintain a unitized area or any portion of it in and to any Oil and/or Gas and other interest which may be owned by a third party or which, failing in the operation, may revert to a third party, or (3) comply with an order issued by a regulatory body
Virgin Islands Provisions For JOA 82 Revised
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Multi-State
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US-OG-715
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Minimum Wage Rate in the U.S. Virgin Islands is $10.50 per hour. Time and a half of the regular hourly rate must be paid for all hours worked over 8 hours each day and for over 40 hours in any work week including any hours worked on the 6th and 7th consecutive day of work.
Here are some labor and payroll considerations in the British Virgin Islands: The minimum wage is $6 per hour. Employers must withhold payroll taxes from employee pay, with tax rates varying based on the ?class? the company qualifies for.
Under the Labour Code 2010, employers in the BVI are required to provide retirement benefits to permanent employees by means of a ?pension scheme, an annuity, provident fund or other form of retirement scheme.? You should take advantage of any retirement investments your employer may offer you.