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Montana Code Annotated

Part 4

Oil and Gas

77-3-401Oil and gas leases authorized 77-3-402Rules 77-3-403Hearings on questions related to leases 77-3-404Limitation on area under single lease 77-3-405Leased lands to be generally compact and contiguous 77-3-406Number of leases which one person may hold 77-3-407New leases on lands leased prior to February 28, 1953 77-3-408Certain state officers not to be interested in leases 77-3-409Misconduct of officers in relation to oil and gas leases 77-3-410False statements relating to oil and gas leases 77-3-411Notice of lease sale required 77-3-412reserved 77-3-421Duration of lease 77-3-422Lease extension clause 77-3-423Annual rental 77-3-424Power to terminate lease in absence of commencement of drilling or payment of delay drilling penalty 77-3-425Dry hole clause 77-3-426Lessee to prevent waste 77-3-427Provision for offset wells -- compensatory royalties 77-3-428Additional development following completion of productive well 77-3-429Operating agreements 77-3-430(Temporary) Pooling agreements and unit operations 77-3-431Report of lessees 77-3-432Royalty 77-3-433Shut-in gas royalty 77-3-434Manner of making royalty payment 77-3-435Payments due to state -- audit -- notice -- action 77-3-436Disposition of royalties and other money 77-3-437Amendment of existing leases 77-3-438Assignments of leases 77-3-439Surrender of leases 77-3-440Forfeiture and cancellation of leases 77-3-441Restriction on new lease following termination of old lease 77-3-442Disposition of property of lessee upon termination of lease 77-3-443Reservation in lease for disposition of surface 77-3-444Limitation on overriding royalties and payments out of production 77-3-445reserved 77-3-451Limitation on public inspection rights