Comments from Snake River – Richard Brown 4-10-24 Our standard form of lease provides the following:Lease Agreement • April 26th, 2024
Contract Type FiledApril 26th, 2024This includes two concepts: (1) the primary Term will be extended either if production is occurring or if operations are being continuously conducted; and (2) if production is estab- lished and then ceases after the primary term, the lease will continue if continuous opera- tions are conducted. This is fairly standard language.