Nebraska Statutes
§ 72-908 — Exploration, development, and operation for oil and gas production; agreements authorized
Nebraska·Ch. 72 Public Lands, Buildings, and Funds
The Board of Educational Lands and Funds is hereby authorized, in its discretion, to enter into appropriate agreements for the purpose of unit or cooperative exploration, development, and operation of acreage, or any part of the acreage, covered by leases granted pursuant hereto, with other acreage for the production of oil and gas. Such agreements shall provide for the allocation of production on a proportionate acreage or other agreed equitable basis.
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Legislative History
Source: Laws 1943, c. 164, § 8, p. 581; R.S.1943, § 72-908; Laws 1955, c. 280, § 1, p. 885.
Nearby Sections
15
§ 72-1002
Repealed. Laws 1959, c. 265, § 1§ 72-1003
Repealed. Laws 1959, c. 265, § 1§ 72-1004
Repealed. Laws 1959, c. 265, § 1§ 72-1005
Repealed. Laws 2021, LB509, § 25§ 72-1006
Repealed. Laws 1963, c. 422, § 6§ 72-1007
Repealed. Laws 1969, c. 594, § 4§ 72-1008
Repealed. Laws 1972, LB 1044, § 1§ 72-1009
Repealed. Laws 1972, LB 1044, § 1§ 72-101
Sale or lease; how validated§ 72-1010
Repealed. Laws 1972, LB 1044, § 1§ 72-1011
Repealed. Laws 1972, LB 1044, § 1