PRINTER'S NO. 94
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
147
Session of
2015
INTRODUCED BY YAW, VOGEL, GREENLEAF, FONTANA, YUDICHAK,
VULAKOVICH, BROWNE, COSTA, HUGHES, SCHWANK, AUMENT, SCARNATI,
RAFFERTY AND BAKER, JANUARY 14, 2015
REFERRED TO ENVIRONMENTAL RESOURCES AND ENERGY, JANUARY 14, 2015
AN ACT
Amending the act of July 20, 1979 (P.L.183, No.60), entitled "An
act regulating the terms and conditions of certain leases
regarding natural gas and oil," further providing for
definitions, for payment information to interest owners, for
accumulation of proceeds from production and for conflicts;
and providing for joint ventures and for inspection of
records.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Sections 1.2, 3.2, 3.3 and 3.4 of the act of July
20, 1979 (P.L.183, No.60), known as the Oil and Gas Lease Act,
added July 9, 2013 (P.L.473, No.66), are amended to read:
Section 1.2. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
"Check stub." The financial record attached to a check.
"Division order." An agreement signed by an interest owner
directing the distribution of proceeds from the sale of oil,
gas, casing head gas or other related hydrocarbons. The order
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