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Extraction Oil & Gas, LLC 370 17th Street, Suite 5300 Denver, CO 80202 November 19th, 2015 Town of Erie 645 Holbrook St. P.O. Box 750 Erie, CO 80516 Re: Notice of Intent to Plug and Abandon Existing
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How to fill out Extraction Oil Gas LLC:
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Who needs Extraction Oil Gas LLC?
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Individuals or businesses in the oil and gas industry: Extraction Oil Gas LLC is specifically designed for individuals or businesses involved in the exploration, production, or distribution of oil and gas. This could include oil and gas companies, drilling contractors, or even individual landowners.
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Those seeking limited liability protection: One of the main advantages of forming an LLC is that it provides limited liability protection. This means that the owners or members of the LLC are generally not personally responsible for the debts or liabilities of the company.
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Those looking for flexible management structures: Extraction Oil Gas LLC allows for flexible management structures, enabling owners to choose how the company will be managed. This can be beneficial for those who want to have control over the decision-making process or those who wish to delegate management responsibilities to appointed managers.
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Those interested in separating personal assets from business liabilities: By forming an LLC, individuals or businesses can separate their personal assets from the liabilities of the business. This can help protect personal assets in the event of legal disputes or financial difficulties.
Overall, Extraction Oil Gas LLC is suitable for those in the oil and gas industry who are looking for limited liability protection, flexible management structures, and the separation of personal assets from business liabilities.
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