Nevada Revised Statutes 522.0395 – ‘Working interest’ defined
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‘Working interest’ means the interest granted under an oil and gas lease, giving the lessee the right to work on the leased property to search for, develop and produce oil and gas.
Terms Used In Nevada Revised Statutes 522.0395
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC