Section 520.300 - Amending unitization order.

OR Rev Stat § 520.300 (2019) (N/A)
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(1) If the amendment affects only the rights and interests of the owners, the approval of the amendment by the royalty owners is not required.

(2) The order of amendment may not change the percentage for the allocation of:

(a) Oil and gas as established for any separately owned tract by the original order, except with the consent of all persons owning oil and gas rights in the tract; or

(b) Cost as established for any separately owned tract by the original order, except with the consent of all owners in the tract. [1961 c.671 §6; 2007 c.672 §20]