Meaning Non-Ownership Theory
What does Non-Ownership Theory mean? Here you find 3 meanings of the word Non-Ownership Theory. You can also add a definition of Non-Ownership Theory yourself

1

5   3

Non-Ownership Theory


In the context of Oil and Gas law, non-ownership theory is a characterization of oil-and-gas rights used in a minority of jurisdictions. This theory holds that the owner of a severed mineral interest [..]
Source: definitions.uslegal.com

2

3   4

Non-Ownership Theory


The characterization of oil and gas rights that a severed mineral interest owner has merely a right to search, develop and produce oil and gas from the land, but not a present right to possess the oil [..]
Source: mineralfocus.com

3

3   4

Non-Ownership Theory


 
Source: oilgasmichigan.com


Add meaning of Non-Ownership Theory
Word count:
Name:
E-mail: (* optional)

<< Non-Executive Right Nonparticipating Royalty >>

Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!

Add meaning