Mineral owner definition

Mineral owner s Royalty" means the share of oil and gas

Mineral owner means any person or persons who presently own the mineral estate, their successors, assigns, or predecessors in title, under a specified tract of land by means of a mineral deed, or by an exception or reservation in the deed, grant, or conveyance of the surface, or by any other means whatsoever.

Mineral owner means any person who owns, leases, mines and produces, or who has the right to

Examples of Mineral owner in a sentence

• Mineral owner shall mean any person having title or right of ownership in subsurface oil and gas or leasehold interest therein.

• Fifteen days after the final installment as originally scheduled or deferred, the licensee, for any loan contract which has not previously been converted to interest-bearing under paragraph (f), clause (6), may compute and charge interest on any balance remaining unpaid, including unpaid default or deferment charges, at the agreed rate of interest until fully paid.

• Mineral owner brings a case saying your lease is gone, you didn’t drill within sufficient time.

• Mineral owner: One who has a minimum of 10 percent ownership or leasehold interests in the minerals and conveys the right to extract the minerals to the permittee.

• Royalty / Mineral owner operating expenses will be $20 per month ($240/year) per well that will include accounting, monitoring, and miscellaneous expenses.

More Definitions of Mineral owner

Mineral owner means the owner of the mineral rights title under a piece of property, who will generally be the lessor who is able to convey a leasehold agreement (lease).

Mineral owner means, as identified in the records of the

Mineral owner means any person or persons who presently own the mineral estate,

Mineral owner means any person who owns, leases, mines and produces, or who has the right to mine and produce minerals and to appropriate such minerals that he produces therefrom, either for himself or for himself and others.

Mineral owner means any person having title or right of ownership in subsurface oil or leasehold interest therein.

Mineral owner means any person or persons who presently own the mineral estate, their successors, assigns, or predecessors in title, under a specified tract of land by

Mineral owner means all Persons (other than the Federal Government) which own or lease oil and gas or mineral extraction rights at or below the Project Site and whose oil and gas or mineral extraction rights are not controlled by a Mineral Operator.