Wisconsin Area of Mutual Interest Agreement

State:
Multi-State
Control #:
US-OG-682
Format:
Word; 
Rich Text
Instant download

Description

This form is an agreement between parties that own leasehold interests created by oil and gas leases. To facilitate the coordinated acquisition of additional Leases and exploration for and development of oil, gas, and other minerals from lands located in the general area of the Parties Leases, the Parties desire to enter into this Agreement to create an Area of Mutual Interest (the AMI).
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FAQ

An area of mutual interest (AMI) agreement is a pact between two or more oil or natural gas companies. An AMI agreement covers a defined geographic location for a defined period of time.

Area of Mutual Interest (AMI): a geographic area generally defined by a contract (e.g., Farmout, JOA, JDA or similar agreement) within which two or more persons hold an interest.

What is a schedule SB form? Purpose of Schedule SB Schedule SB is used to report differences between federal and Wisconsin income. These differences are called modifications and may affect the amount you report as a subtraction modification on line 4 of Form 1.

Ami is a legal term that means "friend". It is often used in traditional legal phrases like "prochein ami" which means "next friend". In legal cases, a next friend is someone who appears in court to act on behalf of a minor or incompetent plaintiff.

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Wisconsin Area of Mutual Interest Agreement