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FIRST AMENDMENT TO WELLS FARGO FINANCIAL NATIONAL BANK AMERICAN GEM SOCIETY MEMBER AGREEMENT This First Amendment (Amendment) to the Wells Fargo Financial National Bank American Gem Society Member

How to fill out first amendment to wells

How to fill out first amendment to wells:

1. Begin by carefully reviewing the existing well agreement or contract to understand the provisions and any required amendments.
2. Determine the specific changes or modifications needed in the well agreement, such as extending the term, altering ownership percentages, or updating payment provisions.
3. Consult with all parties involved in the well agreement, such as co-owners, lessors, and lessees, to discuss the proposed amendments and gain their input and agreement.
4. Prepare a written first amendment to the well agreement, clearly stating the changes being made and providing specific details on how the agreement will be modified.
5. Include a section for signatures, ensuring that all necessary parties sign the amendment to indicate their acceptance and agreement to the proposed changes.
6. Keep copies of the fully executed first amendment to the well agreement for all parties involved, including the original well agreement.
7. Consider recording the amendment with the appropriate local authority, such as the county recorder's office, to make it a matter of public record and provide added legal protection.

Who needs first amendment to wells:

1. Co-owners of a well who want to adjust their ownership percentages or modify any other provisions of the original well agreement.
2. Lessors and lessees who are parties to a well lease agreement and wish to make changes to the terms, such as extending the lease term or revising royalty payments.
3. Any individual or entity involved in a well agreement who wants to update or clarify the existing terms and conditions to better reflect their current needs and circumstances.

For pdfFiller’s FAQs

What is first amendment to wells?

The first amendment to wells is a document that describes any modifications, changes, or updates made to a previously submitted well permit.

Who is required to file first amendment to wells?

Operators or owners of oil and gas wells are required to file the first amendment to wells if there are any changes to the original permit.

How to fill out first amendment to wells?

The first amendment to wells should be filled out with details of the modifications or changes made to the well permit, including any new information or updated data.

What is the purpose of first amendment to wells?

The purpose of the first amendment to wells is to ensure that accurate and up-to-date information is available for regulatory and safety purposes.

What information must be reported on first amendment to wells?

The first amendment to wells should include details such as changes in well location, depth, casing design, or any other relevant information.

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