Section 9-17-63 Leases may authorize pooling or unitization. - Alabama Statutes

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Section 9-17-63

Leases may authorize pooling or unitization.

Any lease executed under the provisions of this division may authorize the lessee to pool or unitize the lease, the lands or minerals covered thereby or any part thereof with other lands, leases or mineral estates or parts thereof upon such terms as the Commissioner of Conservation and Natural Resources may approve.

(Acts 1956, 1st Ex. Sess., No. 158, p. 224, §3.)

State Codes and Statutes

Statutes > Alabama > Title9 > Chapter17 > 9-17-63

Section 9-17-63

Leases may authorize pooling or unitization.

Any lease executed under the provisions of this division may authorize the lessee to pool or unitize the lease, the lands or minerals covered thereby or any part thereof with other lands, leases or mineral estates or parts thereof upon such terms as the Commissioner of Conservation and Natural Resources may approve.

(Acts 1956, 1st Ex. Sess., No. 158, p. 224, §3.)

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State Codes and Statutes

Statutes > Alabama > Title9 > Chapter17 > 9-17-63

Section 9-17-63

Leases may authorize pooling or unitization.

Any lease executed under the provisions of this division may authorize the lessee to pool or unitize the lease, the lands or minerals covered thereby or any part thereof with other lands, leases or mineral estates or parts thereof upon such terms as the Commissioner of Conservation and Natural Resources may approve.

(Acts 1956, 1st Ex. Sess., No. 158, p. 224, §3.)