Newspaper article THE JOURNAL RECORD

Corporation Commission

Newspaper article THE JOURNAL RECORD

Corporation Commission

Article excerpt

(05558)

NOTICE OF HEARING

CD 140,743

Before the Corporation Commission of the State of Oklahoma.

Applicant: NFC Petroleum Corporation/ MGF Oil Corporation. Relief Requested: Pooling. Legal Description: Northwest Quarter (NW/4) of the Southwest Quarter (SW/4) of Section 25, Township 4 North, Range 8 West, Grady County, Oklahoma.

THE STATE OF OKLAHOMA TO: All persons, owners, producers, operators, purchasers, and takers of oil and gas, and all other interested persons, particularly in Grady County, Oklahoma.

NOTICE IS HEREBY GIVEN THAT Applicant in this cause is requesting that the Commission issue an Order pooling and adjudicating the rights and equities of the owners in the Northwest Quarter (NW/4) of the Southwest Quarter (SW/4) of Section 25, Township 4 North, Range 8 West, Grady County, Oklahoma, a 40 acre drilling and spacing unit for the production of oil from the Yule (Funk) and Hedlund, separate common sources of supply, and to designate the Applicant or some other party as Operator of the proposed unit well.

IT IS ORDERED THAT this cause be referred to a Hearing Officer for hearing, taking the evidence and reporting the findings and recommendations to the Commission.

IT IS ORDERED AND NOTICE IS HEREBY GIVEN THAT this cause will be set before a Hearing Officer on the Initial Hearing Docket at the Corporation Commission, Jim Thorpe Building, Oklahoma City, Oklahoma, at 8:30 a.m., on the 17th day of September, 1987, and that this Notice of Hearing shall be published as required by law and the Rules of the Commission.

NOTICE IS FURTHER GIVEN THAT it is the intent of the Applicant herein to pool and adjudicate the rights and equities of the owners in the tract described herein as to the separate common sources of supply set forth above to be tested by the proposed well on a unit basis and not on a borehole basis for any well drilled as to the respective separate common sources of supply cited herein; further, that the election not to participate as a working interest in the proposed initial unit well shall operate to foreclose the interests of the respondents as to elections to participate or not, in any subsequent well that may at some indefinite time, if at all, be drilled within the subject tract; and that the initial election made by the respondents herein shall be binding as to the respondents, their assigns, heirs, representatives, agents, or estates. …

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