Step 1.Step 2.Step 3.Step 4.Step 5.Step 6.Step 7.Step 8.Step 1.Step 2.Step 3.Step 4.Step 5.Step 6.Step 7.Definitions of Terms of a Lease
ASSIGNMENT
ASSIGNOR
ASSIGNEE BONUSDELAY RENTAL DEPOSITORY BANK DIVISION ORDER GRANTOR
GRANTEEGROSS WORKING INTERESTJOINT OPERATING AGREEMENTLANDOWNERMINERALSMINERAL OWNERLEASELESSORLESSEE NET REVENUE INTERESTNET WORKING INTERESTNON-OPERATING INTERESTNON-PARTICIPATING ROYALTYNORMOIL, GAS & MINERAL LEASEOIL & GAS LEASEOPERATING AGREEMENTOPERATING EXPENSESOPERATING INTERESTOPERATOROVERRIDING LOYALTYPAID-UP LEASEPARTICIPATING ROYALTYPRIMARY TERMPUGH CLAUSEROYALTYRUN STUBSALT WATER DISPOSAL WELLSEVERANCE TAXSEVERED MINERALSSHUT-INSURFACE OWNERUNLEASED MINERAL INTEREST
WORKING INTEREST