Meaning Unitization Clause
What does Unitization Clause mean? Here you find 2 meanings of the word Unitization Clause. You can also add a definition of Unitization Clause yourself
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Unitization ClauseA clause in an oil and gas lease granting the lessee the right to unitize the leased premises, generally for enhanced recovery operations. It is somewhat unusual to see "true" unitization clauses. Generally the right to unitize is addressed in the pooling clause and is subject to acreage limitations that make the conduct of enhance recove [..]
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Unitization Clause
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