Oil &gas Lease Interest Assignment - Assignor to Assignee is a legal document that was released by the North Dakota Department Of Trust Lands - a government authority operating within North Dakota.
Q: What is an oil and gas lease?
A: An oil and gas lease is a legal agreement that grants the right to explore and extract oil and gas from a specific piece of land.
Q: What is an interest assignment?
A: An interest assignment is the transfer of rights and responsibilities in an oil and gas lease from one party (assignor) to another (assignee).
Q: What is an assignor?
A: An assignor is the party who transfers their rights and responsibilities in an oil and gas lease to another party (assignee).
Q: What is an assignee?
A: An assignee is the party who receives the rights and responsibilities in an oil and gas lease from another party (assignor).
Q: What is the significance of North Dakota in relation to oil and gas?
A: North Dakota is a major producer of oil and gas in the United States, with substantial reserves in the Bakken Formation.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the North Dakota Department Of Trust Lands.