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Expert Analysis

'Commencement Of Operations' And Keeping O&G Leases Alive

Law360, New York (June 18, 2014, 10:15 PM EDT) -- It's the eleventh hour of the day before your oil and gas lease expires. Will moving drilling equipment onto your leased lands, or lands pooled with those lands, be enough to hold the lease? Will spudding the well do the trick? How can a lessee recognize what counts as "commencement of operations" in order to keep its lease alive past the primary term?...

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