Examples of Mineral owner in a sentence
Mineral owner shall mean any person having title or right of ownership in subsurface oil and gas or leasehold interest therein.
Fifteen days after the final installment as originally scheduled or deferred, the licensee, for any loan contract which has not previously been converted to interest-bearing under paragraph (f), clause (6), may compute and charge interest on any balance remaining unpaid, including unpaid default or deferment charges, at the agreed rate of interest until fully paid.
Mineral owner brings a case saying your lease is gone, you didn’t drill within sufficient time.
Mineral owner: One who has a minimum of 10 percent ownership or leasehold interests in the minerals and conveys the right to extract the minerals to the permittee.
Royalty / Mineral owner operating expenses will be $20 per month ($240/year) per well that will include accounting, monitoring, and miscellaneous expenses.