N.M. Code R. § 19.2.2.62 – Production in Paying Quantities Holds Lease and All Assignments | Midpage
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N.M. Code R. § 19.2.2.62
Production in Paying Quantities Holds Lease and All Assignments
Effective Mar 14, 2001State of New Mexico
Production of minerals in paying quantities from anywhere on the premises, as defined by the original lease, will continue the term of the lease and all assignments thereof.