Common Contracts
1 similar Operator Agreement contracts
ContractOperator Agreement • August 14th, 2018
Issue Description Operator Agreement (Section) CDP (Section) CDP Page Number (per section) CDP Page Number (per total document#/1502) Notes not following the staterules and local agreement in terms of notice to mineral owners regarding forced pooling Operator Agreement states on p. 99-100 in 6. City Minerals The intent of the 60 day notice requirement written into the Operator Agreement on pp. 99-100 in Section 6 was to give the residents of Wildgrass at least 60 days to consider an offer of lease before being subject to forced pooling. However, the forced pooling election letters that Extraction just sent to Wildgrass, Broadlands and Silverleaf demanded a response within 35 days. Similarly SB18-230 was intended to give mineral owners at least 60 days to consider a lease offer, as the pamphlet from the COGCC makes clear: "Each unleased mineral owner has 60 days to choose whether to lease, participate, or take no action." Extraction responded to the City's inquiry on behalf of the
