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TALONRESOURCESINCApril 7, 2004Mrs. Diana Mason State of Utah Division of Oil Gas and Mining P.O. Box 145801 Salt Lake City, Utah 841145801 RE: Application for Permit to DrillWhitMar Exploration Company
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01
Gather all necessary information and documents related to the oil and gas division process.
02
Identify the ownership interests and rights involved in the oil and gas property.
03
Determine the boundaries and specific acreage of the property to be divided.
04
Consult with a professional land surveyor to accurately survey the property and determine the division boundaries.
05
Prepare legal documents such as deeds, leases, and agreements that outline the division of oil and gas interests.
06
Ensure that all parties involved in the division process agree to the terms and conditions of the division.
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Submit the necessary paperwork and documents to the relevant government agencies or authorities for approval and recording.
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Follow any additional state or local regulations and requirements for the division of oil and gas.
09
Maintain proper documentation and records of the division process for future reference and legal purposes.

Who needs division of oil gas?

01
Individuals or companies who own or have an interest in oil and gas properties.
02
Landowners who want to divide their oil and gas rights among multiple parties.
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Oil and gas exploration and production companies that need to divide their operations and assets for organizational or legal purposes.
04
Government agencies or authorities responsible for regulating and overseeing the oil and gas industry.
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Division of oil and gas refers to the process of allocating mineral rights and royalties among multiple parties who have an interest in a particular oil or gas well or property.
Any party or entity that has an interest in an oil or gas well or property and wishes to establish or adjust the division of ownership and royalties must file a division of oil and gas.
To fill out a division of oil and gas, parties must provide detailed information about the ownership interests, royalty percentages, and any other relevant details related to the oil or gas well or property.
The purpose of division of oil and gas is to accurately allocate ownership interests and royalties among multiple parties involved in the production of oil or gas from a particular well or property.
Information that must be reported on a division of oil and gas typically includes details about the parties involved, ownership interests, royalty percentages, lease agreements, and production data.
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