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How to prepare Nadoa Model Form Division Order

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About Nadoa Model Form Division Order

The Nadoa Model Form Division Order is a legally binding document that is used to allocate and distribute the net revenue interest (NRI) and royalty interest among the various owners of a producing oil or gas well. It is a standardized document that helps ensure accuracy and consistency in the division of royalties for oil and gas properties. The Nadoa Model Form Division Order is typically used by mineral owners, oil and gas operators, and financial institutions involved in the oil and gas industry. This document outlines important details such as the well name, property description, ownership percentages, royalty rates, decimal interest, and other relevant information that is needed to properly distribute royalties among interested parties. It is important to note that the Nadoa Model Form Division Order is a legal document that should be thoroughly reviewed and understood by all parties before signing. Any errors or omissions in the division order could result in costly legal disputes later on.

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Instructions and Help about Nadoa Model Form Division Order

Come to today's webinar thank you so much for joining us my name is Yolanda Pathan and I am the 2024 webinar chair for Nadella for those of you that do not know Nadeau is a national association of division around which is the leading Association for providing educational opportunities for divisional analysts across the nation I would like to make an announcement today to remind you to follow up with your managers to ensure that they will give you time to attend this year's 45th annual Institute that will take place at Nashville at the Gaylord hotel this year's Institute is scheduled for September 5th through 7 and we have a phenomenal price for the rooms at only $159.90 and I'd event and we'll have an additional day on for education known as the Wednesday workshop for Wednesday the sessions that we have planned will be a 1 out of 15 minute sessions so this will be different from years past we will have four different calculations the first session will be basic calculations the next three sessions will be advanced calculations which will include over eyen royalties and non-participating royalties the third session will cover payouts and the last section for calculations will be a multi sectional Wells calculations we will also have for one hour 15-minute sessions on Wednesday that will be about this sheet process one of them will be about trendiness sheet audit processes we will have another one that's going to cover Delaware and an in-depth reason why so many limited liability companies and corporations are with Delaware and we're trying to have a kind of a roundtable panel discussion where you as hours can bring your issued questions and we will have experts on hand to answer any kind of questions that you...