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Assignment Of Overriding Royalty Interest Agreement

2020/12/03 21:48

The general interest of royalty interest is provided by the interest of the work (WI) of the well and the usual geologists, compatriots and other oil and gas professionals as financial compensation. Royalty interest (ORRI) contracts are terminated at the end of oil and gas. This is not an interest in the mineral, but part of the production. If the well or well becomes unprofitable, the lease is released, which terminates both royalties and royalty interest. This site is protected by reCAPTCHA and Google`s privacy rules and terms of use apply. Learn more about FindLaw`s newsletter, including our terms of use and privacy policies. The email address cannot be subscribed. Please try again.

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