Georgia Statutes

§ 12-4-21 — Manner of distribution of reward

Georgia·Title 12

Such amount shall be distributed as follows:

(1)The sum of $50,000.00 to the owner or owners of the minerals or the property, or both, where the well is drilled, to be divided, where there are multiple owners of the minerals, among them in the proportion of their respective interest therein; provided, however, that the owner or owners of any mineral interest which does not include oil shall not share in such payment;
(2)The sum of $100,000.00 to the company or individual, or combination of persons, firms, and corporations, which drills or causes to be drilled such oil well, being those persons, firms, or corporations which own the working interest in the well as "working interest" is known and defined in the oil industry;
(3)The sum of $87,500.00 to the contractor who furnishes the equi

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