Wyoming Statutes

§ 30-5-303 — Payment for production; penalty for violation; jurisdiction; costs and fees

Wyoming·Title 30 Mines and Minerals·Ch. 5 OIL AND GAS·Art. 3 PAYMENT FOR INTERESTS IN PRODUCTION
(a)Any lessee or operator, purchaser or other party legally responsible for payment who violates the provisions of this article is liable to the person or persons legally entitled to proceeds from production for the unpaid amount of such proceeds, plus interest at the rate of eighteen percent (18%) per annum on the unpaid principal balance from the due date specified in W.S. 30-5-301(a).
(b)The district court for the county in which a well producing oil, gas or related hydrocarbons is located has jurisdiction over all proceedings brought pursuant to this article and the prevailing party in any proceedings brought pursuant to this article shall be entitled to recover all court costs and reasonable attorney's fees.
(c)Any person who fails to provide royalty information as provided in W.S.

Free access — add to your briefcase to read the full text and ask questions with AI

Wyoming § 30-5-303 (Payment for production; penalty for violation; jurisdiction; costs and fees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

15
§ 30-5-101
Definitions
View on official source ↗