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US Legal Forms
Localized Forms
Florida
Jacksonville
Division Order

Jacksonville Florida Division Order

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

City:

Jacksonville

Control #:

US-OG-068

Format:

Word;

Rich Text

Instant download

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Description

This is the model form which many companies now use.

Free preview

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Interesting Questions

Are Division Orders the same in every state?

Not quite! Each state has its own rules and regulations, much like different states have different speed limits. So, what holds water in Jacksonville, Florida might not be the same elsewhere.

What should I do if I have questions about my Division Order?

Don’t hesitate to reach out! It’s always better to ask than to assume. Contact your oil and gas company or a legal expert to get answers that put your mind at ease.

Can I update my Division Order later?

Absolutely! Just like updating your resume, if there are changes in your ownership or production rights, you can request an updated Division Order to reflect those changes.

What happens if I don't sign the Division Order?

If you skip signing, it’s like missing the bus. You might not receive your payments until you officially agree to the terms outlined in the Division Order.

How do I know if my Division Order is correct?

You’ll want to double-check it like you check your grocery list. Look over the details like your ownership percentage, property description, and make sure everything matches up with your records.

What is a Division Order in Jacksonville, Florida?

A Division Order is like a handshake agreement in the oil and gas world. It’s a document that lays out how the profits from oil or gas production are shared among the owners.