WebLearn more about the well transfer alternatively change of owner process. WebThe assignee/transferee is the individual or company buying the well or becoming the owner as defined under Section 1509.01 (K), ORC. The permit number must be on the form. This number can be taken directly from the permit. Both parties must complete and notarize the form before it is forwarded to the Division.

Mortgage Subordinations Gas and Oil Law

WebSection 1509.31 - Notice To Holder Of Royalty Interest Of Assignment Or Transfer Of Entire Interest In Lease. (A) Whenever the entire interest of an oil and gas lease is assigned or otherwise transferred, the assignor or transferor shall notify the holders... Section 1509.32 - Complaint Alleging Failure To Restore Disturbed Land Surfaces. http://www.gasandoillaw.com/mortgage-subordinations/ in a better place poem

2006 Ohio Revised Code - Justia Law

WebAug 14, 2013 · However, our firm is well-positioned to provide valuations for Utica shale rights, and can help. From our standpoint, much of the refusal to grant mortgage … Web(E) The owner holding a permit, or an assignee or transferee who has assumed the obligations and liabilities imposed by this chapter and any rules adopted or orders issued under it pursuant to section 1509.31 of the Revised Code, and the operator of a well shall be liable for a violation of this section or any rules adopted or orders or terms or … WebAug 14, 2013 · However, our firm is well-positioned to provide valuations for Utica shale rights, and can help. From our standpoint, much of the refusal to grant mortgage subordinations is confusing because Ohio has a law that expressly protects oil and gas leases in the event of foreclosure. ORC 1509.31 (d) states that: in a bent state