Limited Duration. After expiration of the Primary Term, or extension thereof, the portion of the Leased Premises being held by the Lessee solely by the payment of shut-in royalty, shall be released after a period of thirty-six (36) consecutive months or a cumulative total of forty-eight (48) months, unless given written consent by the Lessor to continue the well to be shut-in.
Appears in 2 contracts
Samples: Oil and Gas Lease, Oil and Gas Lease
Limited Duration. After expiration of the Primary Term, or extension thereof, the portion of the Leased Premises being held by the Lessee solely by the payment of shut-in royalty, shall be released after a period of thirty-six (36) 24 consecutive months or a cumulative total of forty-eight (48) 60 months, unless given written consent by the Lessor to continue the well to be shut-in.
Appears in 1 contract
Samples: And Gas Lease
Limited Duration. After expiration of the Primary Term, or extension thereof, the portion of the Leased Premises being held by the Lessee solely by the payment of shut-in royalty, shall be released after a period of thirty-six (36) consecutive months or a cumulative total of forty-eight sixty (4860) months, unless given written consent by the Lessor to continue the well to be shut-in.
Appears in 1 contract
Samples: Oil and Gas Lease
Limited Duration. After expiration of the Primary Term, or extension thereof, the portion of the Leased Premises being held by the Lessee solely by the payment of shut-in royalty, royalty shall be released after a period of thirty-six (36) consecutive months or a cumulative total of forty-eight (48) months, unless given written consent by the Lessor to continue the well to be shut-in.
Appears in 1 contract
