Any such oil, gas and mineral lease may provide that the lessee therein shall have the right and power to pool and consolidate the land covered by said lease in its entirety, or as to any stratum or strata or any portion or portions thereof, with other lands and leases in the immediate vicinity thereof, for the purpose of joint development and operation of the entire consolidated premises as a unit, in which event the lessor in such lease shall share in the royalty on oil and gas produced from said consolidated tract in such manner as the boards of supervisors of the county or the mayors and boards of aldermen or the mayors and councilmen of a municipal corporation, in their discretion, may determine. Said lease also may include such other general provisions as are customary and proper for the protection of the rights of the lessor and of the lessee of the leased premises and as are not inconsistent or in conflict with the provisions of this chapter.
Structure Mississippi Code
Title 17 - Local Government; Provisions Common to Counties and Municipalities
Chapter 9 - Lease of Mineral Lands other than Sixteenth Section or "In Lieu" Lands
§ 17-9-1. Powers of governing authorities of counties and municipalities
§ 17-9-3. Bonus consideration, delay drilling rentals, term, and royalties; rights of lessees
§ 17-9-5. Terms permissible in mineral lease
§ 17-9-7. Payment of bonus consideration, delay drilling rentals and royalties
§ 17-9-9. Chapter inapplicable to sixteenth section or in lieu lands