U.S. House of Representatives Passes Energy Bill
The Energy Law
SEPTEMBER 23, 2008
Subtitle E amends the FOGRMA of 1982 to repeal royalty overpayment interest for lessees by the federal government and mandates that when royalty adjustments are made resulting in an underpayment by lessee the royalty obligation clock starts when the date the adjustment is taken.
Let's personalize your content