Montana Code 82-11-303. Extension of expiration date
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82-11-303. Extension of expiration date. The governor of Montana is further authorized and empowered, for and in the name of the state of Montana, to execute agreements for the further extension of the expiration date of the Interstate Compact To Conserve Oil and Gas and to determine if and when it is in the best interest of the state of Montana to withdraw from the compact upon 60 days’ notice as provided by its terms. If the governor determines that the state should withdraw from the compact, the governor has full power and authority to give necessary notice and to take any and all steps necessary and proper to effect the withdrawal of the state of Montana from the compact.
Terms Used In Montana Code 82-11-303
- Gas: means all natural gases and all other fluid hydrocarbons, including methane gas or any other natural gas found in any coal formation, as produced at the wellhead and not defined as oil in subsection (3). See Montana Code 82-1-111
- Oil: means crude petroleum oil and other hydrocarbons, regardless of gravity, that are produced at the wellhead in liquid form by ordinary production methods and that are not the result of condensation of gas before or after it leaves the reservoir. See Montana Code 82-1-111
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201