New Oil Lease Form Tied to High Bond and Drilling Rules
Montana's Board of Land Commissioners adopts a new oil and gas lease form requiring a 200 dollar certified check upfront and a 5000 dollar bond. Leases demand 12 percent royalty on market value and mandatory drilling schedules with escalating depths, plus penalties or subsitute payments. Renewal rights hinge on prior drilling and substantial exploration expenditures, while the state may demand additional bonds up to 20000 dollars. Attorney General Rankin opposes the terms as too harsh and uncertain for future boards.
MENTIONED IN THIS ARTICLE
State Board of Land Commissioners
Rankin
Made in Montana Month aims to boost state goods in Dillon
December will be Made in Montana Month in Dillon with state chambers of commerce uniting to push for Montana products and materials from farm to forest. Leaders Max Goodsill P L Wills and L B Jones direct a classified directory of Montana made goods to encourage buying Montana first.
MENTIONED IN THIS ARTICLE
Montana
Dillon
Chambers of Commerce
Max Goodsill
Helena
P. L. Wills
Butte
L. B. Jones
Great Falls
Chamber of Commerce
Mr. Goodsill
Utah
California
Training School notes and student activities in Butte
Miss Katherine McGregor visited Butte for relatives. Miss Hazard missed a day due to sickness. Miss Mulkey from Child Welfare of Montana spoke at the training school. Miss Albertson visited Twin Bridges. The primary assembly featured songs and games. The football score: training school 6, high school 18. New shades and chair desks for the primary building arrived. Fire drills held in both buildings. primary time 65 seconds.
MENTIONED IN THIS ARTICLE
Katherine McGregor
Butte
Anne Hazard
Mulkey
Child ‘Welfare of
Montana
Helena
Albertson
Twin Bridges
Miss Wemyss
Lilian Hottman
Also Mentioned on This Page
State Land Board
Millie Crowell
Landon Sheep Company
District Court
Fifth Judicial District
State of Montana
County of
Beaverhead
Bissell Austin
G. P. Bowers
Nellie Bowers
Hansen Ditch
D. W. Beaver
Mary Beaver
R. W
M. M
Beaver’s
W. B. Stephenson
Ira M. Stephenson
Norris, Hurd & Collins
Plaintiff
Mont
State of
Frederick Finsley
Jesse W. Finsley
United States
Beavermont
Eaverhead. Milling and Elevator Company
Chesterfield
Liggett & Myers Tobacco Co
Bedrock
Smith
Jones
Stone & Stone
RUS Hotel Bldg
Housewives
Montana and Sebree Sts