55-1307. Enlargement of area and creation of new units.
55-1307
55-1307. Enlargement of area and creation of new units.The unit area of a unit may be enlarged to include adjoining portions ofthe same common source of supply, including the unit area of another unit,and a new unit created for the unitized management, operation and furtherdevelopment of such enlarged unit area, or the plan of unitization may beotherwise amended, all in the same manner, upon the same conditions andsubject to the same limitations as herein provided with respect to thecreation of a unit in the first instance, except, that where an amendmentto a plan of unitization relates only to the rights and obligations asbetween working interest owners, the requirement that the same be approvedby the owners of at least seventy-five percent (75%) of the production orproceeds thereof that will be credited to interests which are free ofcosts, such as royalties, overriding royalties and production payments ofthe unit area shall have no application.
History: L. 1967, ch. 299, § 7; July 1.