1. (a)

   1. (1) An owner of a mineral interest may record, at any time, a notice of intent to preserve the mineral interest or a part of a mineral interest.
   2. (2) A mineral interest is preserved in the county in which the notice is recorded.

2. (b)

   1. (1) The following individuals may record a notice in accordance with subsection (a) of this section:

      1. (i) An owner of the mineral interest;
      2. (ii) Another person legally authorized to act on behalf of the owner; or
      3. (iii) A co-owner, for the benefit of any or all co-owners.

   2. (2) A notice recorded under subsection (a) of this section shall contain:

      1. (i) 1. The name of the owner, or co-owners, of the mineral interest; or

         1. 2. If the identity of the owner cannot be determined, information that states that the owner cannot be determined; and
      2. (ii) An identification of the mineral interest or part of the mineral interest to be preserved, in accordance with subsection (c) of this section.

3. (c) A mineral interest shall be identified by:

   1. (1) A reference to the location in the records of the instrument that creates, reserves, or otherwise evidences the interest;
   2. (2) The judgment or decree that confirms the mineral interest;
   3. (3) A legal description of the mineral interest, if accompanied by a reference to the name of the record owner under whom the owner of the mineral interest claims; or

   4. (4) A general reference to any or all mineral interests of the owner in any real property situated in the county, if:

      1. (i) A previously recorded instrument created, reserved, or otherwise evidenced the mineral interest; or
      2. (ii) A judgment or decree confirms the mineral interest.

Added by Acts 2010, c. 268, § 1, eff. Oct. 1, 2010; Acts 2010, c. 269, § 1, eff. Oct. 1, 2010. Amended by Acts 2011, c. 65, § 1, eff. April 12, 2011.