Section 312IAC16-1-39. "Owner" defined  


Latest version.
  •    "Owner" means a person who has the right to drill into and produce from a pool and to appropriate the oil and gas produced from the pool for:

    (1) the person or others; or

    (2) the person and others.

    (Natural Resources Commission; 312 IAC 16-1-39; filed Feb 23, 1998, 11:30 a.m.: 21 IR 2329; readopted filed Nov 17, 2004, 11:00 a.m.: 28 IR 1315; readopted filed Mar 25, 2010, 2:57 p.m.: 20100421-IR-312100033RFA; readopted filed Sep 30, 2015, 12:13 p.m.: 20151028-IR-312150224RFA)