Opinion No. 81-006

Oklahoma Attorney General Reports

Opinion No. 81-006

Oklahoma Attorney General Reports·Decided November 2, 1981·Published

Opinion

OPINION — AG — ** OIL AND GAS — PRODUCTION — INTEREST ** THE PORTION OF 52 O.S. 540 [52-540](A) PERMITTING THE OPERATOR OF AN OIL OR GAS WELL TO BE SUBSTITUTED FOR THE FIRST PURCHASER AND THE ASSUME THE FIRST PURCHASER'S OBLIGATIONS UNDER THE STATUTE TO MAKE TIMELY PAYMENTS TO PERSONS HAVING INTERESTS IN THE PRODUCTION, IS CONSTITUTIONAL. (CONTRACT PAYMENTS, ROYALTY OWNER, PROCEEDS, TITLE EXAMINATION STANDARDS, WORKING INTEREST PAYMENTS) CITE: 52 O.S. 504 [52-504](A), ARTICLE II, SECTION 15 (FLOYD W. TAYLOR)

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OPINION — AG — ** OIL AND GAS — PRODUCTION — INTEREST ** THE PORTION OF 52 O.S. 540 [52-540](A) PERMITTING THE OPERATOR OF AN OIL OR GAS WELL TO BE SUBSTITUTED FOR THE FIRST PURCHASER AND THE ASSUME THE FIRST PURCHASER'S OBLIGATIONS UNDER THE STATUTE TO MAKE TIMELY PAYMENTS TO PERSONS HAVING INTERESTS IN THE PRODUCTION, IS CONSTITUTIONAL. (CONTRACT PAYMENTS, ROYALTY OWNER, PROCEEDS, TITLE EXAMINATION STANDARDS, WORKING INTEREST PAYMENTS) CITE: 52 O.S. 504 [52-504](A), ARTICLE II, SECTION 15 (FLOYD W. TAYLOR)

Opinion No. 81-006, (Okla. Super. Ct. 1981).

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