Montana Statutes
§ 82-10-202 — Acreage Pooling
Montana·Title 82 MINERALS, OIL, AND GAS·Ch. 10 OIL AND GAS -- GENERAL PROVISIONS·Part 2 Lease of Local Government Land
82-10-202 . Acreage pooling. When deemed in the best interests of the county, city, town, school district, or incorporated political subdivision, the governing body may enter into agreements for the pooling of acreage with others for unit operations for the production of oil or gas or both and for the apportionment of oil or gas royalties or both on an acreage or other equitable basis and may modify existing leases and leases hereafter entered into with respect to delay rentals, delay drilling penalties, and royalties in accordance with such pooling agreements and such unit plans of operation; provided, however, that such agreements shall not change the percentages of royalties to be paid to the county, city, town, school district, or incorporated political subdivision from the percentages
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Montana § 82-10-202 (Acreage Pooling) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 2, Ch. 131, L. 1953; R.C.M. 1947, 60-702.
Nearby Sections
15
§ 82-10-101
Action For Accounting For Royalty§ 82-10-102
Remedy Not Exclusive§ 82-10-105
Through 82-10-109 Reserved§ 82-10-110
Division Order -- Definition -- Effect§ 82-10-202
Acreage Pooling§ 82-10-204
Lease Of Acquired Oil And Gas Interests§ 82-10-301
Definitions§ 82-10-302
Policy§ 82-10-305
Proceedings