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Arkansas Code Title 15. Natural Resources and Economic Development § 15-74-703. Premiums and bonuses

Current as of March 28, 2024 | Updated by FindLaw Staff

All purchasers of oil and gas shall pay to the royalty interest the same premium or bonus above the posted market price for oil or gas they pay to the leaseholder or working interest under any oil, gas, or mineral lease on lands from which oil or gas may be purchased under contract with the lease owner or operator.

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Cite this article: FindLaw.com - Arkansas Code Title 15. Natural Resources and Economic Development § 15-74-703. Premiums and bonuses - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-15-natural-resources-and-economic-development/ar-code-sect-15-74-703/

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