Okla. Stat. tit. 64, § 64-1072
This is the official text of Okla. Stat. tit. 64, § 64-1072, part of Oklahoma’s Stat. tit. 64, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 64,." Browse the sections below, each linked to its official government source.
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Contracts authorized
Official statutory text
The Commissioners of the Land Office shall be, and they are
hereby authorized to execute supplemental contracts to lessees on
all lease contracts embracing more than thirty thousand (30,000)
acres in one body without submitting same to bids for the renewal of
said leases, providing that if oil and gas, or either of them, are
being produced on said tracts of land in paying quantities at the
expiration of said leases, that then, and in that event, said leases
shall be extended for so long a period of time as gas and oil, or
Oklahoma Statutes - Title 64. Public Lands Page 58
either of them, shall be produced on said tracts of land in paying
quantities; provided, however, that drilling operations shall be
commenced within six (6) months from the date of passage of this
resolution, and shall be prosecuted with diligence.
hereby authorized to execute supplemental contracts to lessees on
all lease contracts embracing more than thirty thousand (30,000)
acres in one body without submitting same to bids for the renewal of
said leases, providing that if oil and gas, or either of them, are
being produced on said tracts of land in paying quantities at the
expiration of said leases, that then, and in that event, said leases
shall be extended for so long a period of time as gas and oil, or
Oklahoma Statutes - Title 64. Public Lands Page 58
either of them, shall be produced on said tracts of land in paying
quantities; provided, however, that drilling operations shall be
commenced within six (6) months from the date of passage of this
resolution, and shall be prosecuted with diligence.
Status: in_force · Read it on the official government site
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