[Code of Federal Regulations]

[Title 43, Volume 2]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 43CFR3186.3]



[Page 470-471]

 

                    TITLE 43--PUBLIC LANDS: INTERIOR

 

    CHAPTER II--BUREAU OF LAND MANAGEMENT, DEPARTMENT OF THE INTERIOR

 

PART 3180_ONSHORE OIL AND GAS UNIT AGREEMENTS: UNPROVEN AREAS

--Table of Contents

 

                        Subpart 3186_Model Forms

 

Sec.  3186.3  Model for designation of successor unit operator by working interest owners.



    Designation of successor Unit Operator ------ Unit Area, County of 

------, State of ------. No. ------.

    This indenture, dated as of the ---------- day of ------------, 19--

--, by and between --------------, hereinafter designated as ``First 

Party,'' and the owners of unitized working interests, hereinafter 

designated as ``Second Parties,''

    Witnesseth: Whereas under the provisions of the Act of February 25, 

1920, 41 Stat. 437, 30 U.S.C. secs. 181, et seq., as amended by the Act 

of August 8, 1946, 60 Stat. 950, the Secretary of the Interior, on the 

------------ day of ------------, 19----, approved a unit agreement ----

-- Unit Area, wherein ------------------ is designated as Unit Operator, 

and

    Whereas said ------------------ has resigned as such Operator \1\ 

and the designation of a successor Unit Operator is now required 

pursuant to the terms thereof; and

---------------------------------------------------------------------------



    \1\ Where the designation of a successor Unit Operator is required 

for any reason other than resignation, such reason shall be substituted 

for the one stated.



    Whereas the First Party has been and hereby is designated by Second 

Parties as Unit Operator, and said First Party desires to assume all the 

rights, duties, and obligations of Unit Operator under the said unit 

agreement:

    Now, therefore, in consideration of the premises hereinbefore set 

forth and the



[[Page 471]]



promises hereinafter stated, the First Party hereby covenants and agrees 

to fulfill the duties and assume the obligations of Unit Operator under 

and pursuant to all the terms of the ------ unit agreement, and the 

Second Parties covenant and agree that, effective upon approval of this 

indenture by the (Name and Title of authorized officer, BLM) First Party 

shall be granted the exclusive right and privilege of exercising any and 

all rights and privileges as Unit Operator, pursuant to the terms and 

conditions of said unit agreement; said Unit agreement being hereby 

incorporated herein by reference and made a part hereof as fully and 

effectively as though said unit agreement were expressly set forth in 

this instrument.

    In witness whereof, the parties hereto have executed this instrument 

as of the date hereinabove set forth.

[fxsp0]_________________________________________________________________

[fxsp0]_________________________________________________________________

 (Witnesses)

[fxsp0]_________________________________________________________________

[fxsp0]_________________________________________________________________

 (Witnesses)

[fxsp0]_________________________________________________________________

 (First Party)

[fxsp0]_________________________________________________________________

 (Second Party)

    I hereby approve the foregoing indenture designating --------------

---- as Unit Operator under the unit agreement for the ------ Unit Area, 

this ---------- day of ------------, 19----.

[fxsp0]_________________________________________________________________

Authorized officer of the Bureau of Land Management.



[48 FR 26766, June 10, 1983. Redesignated at 48 FR 36587, Aug. 12, 1983, 

as amended at 51 FR 34604, Sept. 30, 1986]