(1) Where work is performed or materials or equipment are furnished for any production unit under a contract with an owner of an interest in the production unit, any interest of any other owner in the production unit shall not be subject to a lien under this chapter, if such other owner gives written notice that he will not be responsible for work performed or materials or equipment provided.
(2) Written notice shall be: (a) in recordable form; (b) filed with the county recorder of the county where the production unit is located; and (c) filed within 10 working days after the latter of: (i) the owner obtaining knowledge of the performance of such work or the providing of such materials or equipment; or (ii) the execution by the last party of: (A) a farmout agreement; (B) a lease or sublease; (C) an operating agreement; (D) an assignment of less than 100% of the lessee's interest or operating rights under a lease; (E) a sales contract; or (F) an option agreement.
(a) in recordable form;
(b) filed with the county recorder of the county where the production unit is located; and
(c) filed within 10 working days after the latter of: (i) the owner obtaining knowledge of the performance of such work or the providing of such materials or equipment; or (ii) the execution by the last party of: (A) a farmout agreement; (B) a lease or sublease; (C) an operating agreement; (D) an assignment of less than 100% of the lessee's interest or operating rights under a lease; (E) a sales contract; or (F) an option agreement.
(i) the owner obtaining knowledge of the performance of such work or the providing of such materials or equipment; or
(ii) the execution by the last party of: (A) a farmout agreement; (B) a lease or sublease; (C) an operating agreement; (D) an assignment of less than 100% of the lessee's interest or operating rights under a lease; (E) a sales contract; or (F) an option agreement.
(A) a farmout agreement;
(B) a lease or sublease;
(C) an operating agreement;
(D) an assignment of less than 100% of the lessee's interest or operating rights under a lease;
(E) a sales contract; or
(F) an option agreement.
(3) Failure to file under this section shall not impair any other defense available to such owner.