Austin Texas Assignment of Net Profits Interest

State:
Multi-State
City:
Austin
Control #:
US-OG-303
Format:
Word; 
Rich Text
Instant download

Description

This form is used when Assignor grants, assigns, and conveys to Assignee a percentage of the net profit interest in the Working Interest. The Net Profits Interest is the stated percentage interest in the share of monies payable for gross production attributable to the Working Interest less the costs and expenses attributable to the Working Interest.

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Austin Texas Assignment of Net Profits Interest