Amendment to Louisiana’s Risk Fee Statute That Allows For Notices After Spudding Is Awaiting Governor’s Signature
The Energy Law
JUNE 8, 2016
Notices Allowed After Spudding Under prior law, any owner drilling or intending to drill a well serving the unit was required to notify all other owners in the unit “ prior to the actual spudding of any such well of the drilling or the intent to drill and give each owner an opportunity to elect to participate in the risk and expense of such well.”
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