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Permalink Reply by Coyote Ugly on August 29, 2008 at 6:51

Thanks KB for your great answer!

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Permalink Reply by Les Bamburg on August 29, 2008 at 3:03

Pete, force pooling, as part of unitization, is typically required even if 100% of the acreage in the section is leased. Let's say Company A leased 500 acres and B & C leased 70 acres each. Company A would apply to unitize and force pool the entire 640 acre section and be designated operator. This ensures all mineral owners receive royalty for production from the section. Companies B & C can either participate (consent) in wells drilled by Company A or non-consent but all mineral owners would be owed royalty payments.

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Permalink Reply by Les Bamburg on August 29, 2008 at 3:19

Jim, can you expand as I assume this does not apply to most of the HS units.

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Permalink Reply by Coyote Ugly on August 29, 2008 at 6:52

Thank you LesB for a good clear answer. I do appreciate it.

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