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This text provides authoritative coverage of the legal rules that
govern the development of privately owned mineral rights in the
United States, which often also apply to government-owned
resources. It covers topics such as the nature, protection, and
conveyance of oil and gas rights, leasing, and taxation. The 7th
edition tracks recent developments in the law and expands
Appalachian coverage.
The principal function of this forms manual is to illustrate the
exceptional importance of specific language to all contract-based
transactions. Unintended ambiguities or carelessness in wording may
result in the loss of properties worth millions of dollars.
Additionally, differences in state law, regional custom, the
identity and interests of the client, and the peculiarities of the
specific transaction require a lawyer to choose carefully which
form to use as the basis of the transaction. For this reason, there
are often included several forms for the same transaction.
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