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Home » US Law » 2021 New Mexico Statutes » Chapter 70 - Oil and Gas » Article 1 - Assignments and Leases

Section 70-1-3 – [Forfeiture of oil, gas or mineral lease; release from record.]

Whenever any oil, gas or other mineral lease heretofore or hereafter executed shall become forfeited, it shall be the duty of the lessee, his, or its heirs, executors, administrators, successors or assigns, within thirty days from the date this act [70-1-3 to 70-1-5 NMSA 1978] shall take effect, if the forfeiture occurred prior thereto, and […]