Amendment to Louisiana’s Risk Fee Statute That Allows For Notices After Spudding Is Awaiting Governor’s Signature
The Energy Law
JUNE 8, 2016
. § 30:10, which governs unit operations in the absence of a joint operating agreement. The amendment provides that estimated or actual drilling costs determined by the AFE sent with the notice are due within sixty (60) days of the actual spudding of the well or receipt by the notified owner of the notice, whichever is later.
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