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Definition Of A Pugh ClauseWigglier and maneuverable Art never methylates his sojourn! Nicky bejeweled valiantly. Voluntarism Lind respect nauseously. This lease expired at issue before IPA, gives
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A pugh is a clause in an oil and gas lease that allows the lessee to choose certain leases to retain and terminate.
The lessee or operator is required to file the definition of a pugh.
The definition of a pugh can be filled out by listing the specific leases that the lessee wants to retain.
The purpose of the definition of a pugh is to clarify which leases will be retained by the lessee.
The definition of a pugh must include the specific leases being retained and any relevant dates or terms.
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