Arkansas Statutes

§ 15-72-313 — New unit operation order in pool established by previous order

Arkansas·Title 15
(a)The Oil and Gas Commission, upon the filing of a petition in a form complying with the requirements of § 15-72-308 , may after notice and hearing require unit operation of a pool or portion thereof when the unit area newly established embraces a unit area within the same pool established by a previous order of the commission.
(b)In each case the petition shall be accompanied by a copy of the proposed unit operating agreement with respect to the operation of the unit as so enlarged in the form meeting the requirements of § 15-72-308(b)(3) .
(c)In each instance the unit operating agreement shall be executed by persons owning interests in oil and gas in the entire unitized area so enlarged in sufficient numbers to comply with the requirements of § 15-72-309(a)(1) . However, if the unit

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Legislative History

Acts 1939, No. 105, § 15; 1951, No. 134, § 1; A.S.A. 1947, § 53-115.

Nearby Sections

15
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