Section 45-9-43 - Amendment of order of board for unit operation of a pool--Manner--Conditions. - South Dakota Statutes

45-9-43. Amendment of order of board for unit operation of a pool--Manner--Conditions. An order providing for unit operations may be amended by an order made by the Board of Minerals and Environment in the same manner and subject to the same conditions as an original order providing for unit operations, provided:
(1) If such an amendment affects only the rights and interests of the owners, the approval of the amendment by the royalty owners shall not be required; and
(2) No such order of amendment shall change the percentage for allocation of oil and gas as established for any separately owned tract by the original order, except with the consent of all persons owning oil and gas rights in such tract, or change the percentage for the allocation of cost as established for any separately owned tract by the original order, except with the consent of all owners in such tract.

Source: SDC Supp 1960, § 42.0710 (5) as enacted by SL 1961, ch 211, § 1.