Indiana Code § 14-38-1-4

"Proven territory" defined
Open in Lexace · Ask the AI about this section
Sec. 4. As used in this chapter, "proven territory" means territory so situated with reference to known producing wells as to establish the general opinion that, because of the territory's relation to the producing wells, petroleum is contained in the territory. [Pre-1995 Recodification Citation: 14-4-3-1(3).]

‹ Prev All Indiana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.