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Current as of January 01, 2025 | Updated by Findlaw Staff
“Working interest” means an interest held in lands by virtue of fee title, including lands held in trust, a lease, operating agreement or otherwise, under which the owner of such interest has the right to drill for, develop and produce oil and gas. A working interest shall be deemed vested in the owner thereof even though his right to drill or produce may be delegated to an operator under a drilling and operating agreement, unit agreement, or other type of operating agreement.
Cite this article: FindLaw.com - California Code, Public Resources Code - PRC § 3316.11 - last updated January 01, 2025 | https://codes.findlaw.com/ca/public-resources-code/prc-sect-3316-11/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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