Unit Operation. No agreement, nor amendment to any agreement, for the cooperative or unit development ("pooling") for the field or area affecting the Leased Premises, or any pool thereof, shall be valid or binding without the advance written consent of Lessor and the Secretary. Notwithstanding any other provisions herein, upon the pooling of part of the Leased Premises, this Lease shall be severed and shall be considered as separate and distinct leases for all horizons on (a) the pooled acreage and (b) the rest of the Leased Premises; such severance shall result each time, and from time to time, whenever pooling occurs; and the term of each resulting lease caused by any such severance, and all the rights and obligations of Lessee under each such lease, shall apply separately to the acreage attributable to the particular lease under the foregoing severance, with every resulting lease being considered as separate and independent from every other lease.
Appears in 3 contracts
Sources: Oil and Gas Lease, Oil and Gas Lease, Oil and Gas Lease