Okla. Stat. tit. 52, § 52-287.5
This is the official text of Okla. Stat. tit. 52, § 52-287.5, part of Oklahoma’s Stat. tit. 52, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 52,." Browse the sections below, each linked to its official government source.
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Ratification or approval of plan by lessees and owners
Official statutory text
No order of the Commission creating a unit and prescribing the
plan of unitization applicable thereto shall become effective unless
and until the plan of unitization has been signed, or in writing
ratified or approved by lessees of record of not less than sixty-
three percent (63%) of the unit area affected thereby and by owners
of record of not less than sixty-three percent (63%) of the normal
one-eighth (1/8) royalty interest in and to the unit area, and the
Commission has made a finding either in the order creating the unit
or in a supplemental order that the plan of unitization has been so
signed, ratified or approved by lessees and royalty owners owning
the required percentage interest in and to the unit area. Where the
plan of unitization has not been so signed, ratified or approved by
lessees and royalty owners owning the required percentage interest
in and to the unit area at the time the order creating the unit is
made, the Commission shall, upon petition and notice, hold such
additional and supplemental hearings as may be requested or required
to determine if and when the plan of unitization has been so signed,
ratified or approved by lessees and royalty owners owning the
required percentage interest in and to the unit area and shall, in
respect to such hearings, make and enter a finding of its
determination in such regard. In the event lessees and royalty
owners, or either, owning the required percentage interest in and to
the unit area have not so signed, ratified or approved the plan of
unitization within a period of six (6) months from and after the
date on which the order creating the unit is made, the order
creating the unit shall cease to be of further force and effect and
shall be revoked by the Commission.
plan of unitization applicable thereto shall become effective unless
and until the plan of unitization has been signed, or in writing
ratified or approved by lessees of record of not less than sixty-
three percent (63%) of the unit area affected thereby and by owners
of record of not less than sixty-three percent (63%) of the normal
one-eighth (1/8) royalty interest in and to the unit area, and the
Commission has made a finding either in the order creating the unit
or in a supplemental order that the plan of unitization has been so
signed, ratified or approved by lessees and royalty owners owning
the required percentage interest in and to the unit area. Where the
plan of unitization has not been so signed, ratified or approved by
lessees and royalty owners owning the required percentage interest
in and to the unit area at the time the order creating the unit is
made, the Commission shall, upon petition and notice, hold such
additional and supplemental hearings as may be requested or required
to determine if and when the plan of unitization has been so signed,
ratified or approved by lessees and royalty owners owning the
required percentage interest in and to the unit area and shall, in
respect to such hearings, make and enter a finding of its
determination in such regard. In the event lessees and royalty
owners, or either, owning the required percentage interest in and to
the unit area have not so signed, ratified or approved the plan of
unitization within a period of six (6) months from and after the
date on which the order creating the unit is made, the order
creating the unit shall cease to be of further force and effect and
shall be revoked by the Commission.
Status: in_force · Read it on the official government site
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