CHAPTER 20 RESIGNATION OF UNIT OPERATOR

• Jurisdiction: United States

Federal Onshore Oil & Gas Pooling & Unitization - part 2
(Oct 2014)
CHAPTER 20
RESIGNATION OF UNIT OPERATOR

[Page 249]

_______________ Unit Area

County of _______________

State of _______________

Unit Agreement No. _______________

Under and pursuant to the provisions of Section ___ of the Unit Agreement for the Development and Operation of the _______________ Unit Area, _______________ County, _______________, _______________ the designated Unit Operator under said Unit Agreement, does hereby resign as Unit Operator, effective upon the selection and approval of a Successor Unit Operator.

Executed with effect as aforesaid the ___ day of _______________, 200 ___.

ATTEST:	_______________
_______________	_______________

[Page 250]

DESIGNATION OF SUCCESSOR UNIT OPERATOR

_______________ Unit Area

County of _______________

State of _______________

Unit Agreement No. _______________

THIS INDENTURE, dated as of the _____ day of _______________, 200 ___, by and between _______________, hereinafter designated as "First Party," and the owners of unitized working interests, hereinafter designated as "Second Parties,"

WITNESSETH:

WHEREAS, under the provisions of the Act of February 25, 1920, 41 Stat. 437, 30 U.S.C. Secs. 181 et seq., as amended by the Act of August 8, 1946, 60 Stat. 950, the Secretary of the Interior, acting by and through the Authorized Officer, on the _____ day of _______________, 199 ___, approved a Unit Agreement for the _______________ Unit Area, wherein _______________ was designated...