060-7 Wyo. Code R. §§ 7-9 - Responsibilities of Lessees and/or Operators

(a) Sales reporting and payment responsibilities for RIK deliveries reside with the Board's "purchaser." Operator/lessees are responsible for reporting produced volume delivered to the Board's "purchaser."

(b) The Board's lessees and operators shall not be responsible for crude oil or natural gas beyond the points of delivery and shall not be responsible for costs or penalties imposed by a transporter against the Board's RIK purchased volumes. Purchasers shall not be liable for underpayments resulting from under-deliveries by the Board's lessees/operators if such lessees/operators under-deliver RIK production. Lessees/operators will be responsible for under-delivered volumes in excess often percent (10%) at the price bid by the Board's "purchaser " for those volumes. Variances that are less than ten percent (10%) shall be made up in the next month after identification thereof. Variances resulting in under-deliveries of greater than ten percent (10%) shall be settled by a cash call on the Board's mineral lessee/operator at the amount noted above.

(c) Lessees/operators shall not be interrupted or unduly delayed as a result of the Board's taking royalty production RIK insofar as disposition of non-RIK production remaining.

Notes

060-7 Wyo. Code R. §§ 7-9