An order requiring unit operations pursuant to Section 53-3-103, Mississippi Code of 1972, shall not be effective unless and until the plan of unitization and the agreements incorporating the provisions of Section 53-3-105 have been signed or, in writing, ratified, adopted or approved by the owners or lessees of at least seventy-five percent (75%) interest on the basis of and in proportion to the surface acreage content of the unit area under the terms of the order and the agreement incorporating the provisions of Section 53-3-105 has been signed or, in writing, ratified, adopted or approved by at least seventy-five percent (75%) (exclusive of royalty interests owned by lessees or by subsidiaries or successors in title of any lessee) in interest of the royalty owners on the basis of and in proportion to the surface acreage content of the unit area and the board has made a finding to that effect, either in the order or in a supplemental order. In the event the required percentages have not signed, ratified or approved the respective agreements within twelve (12) months from and after the date of such order, it shall be automatically revoked.
Structure Mississippi Code
Title 53 - Oil, Gas, and Other Minerals
Chapter 3 - Development, Production and Distribution of Gas and Oil
Unitization of Oil and Gas Fields and Pools
§ 53-3-101. Applications; hearings
§ 53-3-103. Oil and Gas Board may order unit operation
§ 53-3-105. Provisions and requirements of board's order
§ 53-3-107. When order becomes effective
§ 53-3-109. Amendment of orders; extension of units and inclusion of additional pools
§ 53-3-111. How production allocated
§ 53-3-113. Authority of unit operator; production by others prohibited
§ 53-3-115. Time and manner of giving notice
§ 53-3-117. Administration of Sections 53-3-101 through 53-3-119
§ 53-3-119. Court review of order of oil and gas board by appeal to the chancery court