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Grady County Lease

  • 12/25/2017 1:52 PM
    Message # 5648241

    There are 2 items in a lease from R. K. Pinson & Associates representing Rebellion Energy that are of concern. The first is- This lease is taken subject to any valid and subsisting force pooling order(s) issued by the Oklahoma Corporation Commission. The second is the last sentence under 1. The royalties to be paid Lessor are and it is- It is the express intent of the parties that there shall be no implied covenant to market. Has anyone ever seen these before?  What do they mean? Thanks 

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