Lease & Surface Owners & Joint Interest Owners

Lease & Surface Owners

see Rental Check Detail Statement Example

Payment Due – (Payment Due Date, Payments are typically made one month in advance); located in Table row 1, col 3, pos 2
QLS - (Agreement Number or QLS Number); located in Table row 1, col 3, pos 3
Eff – (Agreement Effective Date); located in Table row 3, col 3, pos 1
BNA – (Owner Number or Business Assoicate Number (BNA)); located in Table row 3, col 3, pos 3

A delay rental payment is paid to the lessor by a lessee to adhere to the terms of an oil and gas lease in the absence of operations and/or production. This type of payment can be issued annually or paid-up in a lump sum depending on the contractual obligations of the lease.

If at the end of the term of the lease and operations and/or production have not begun, lessee may have the option to extend the lease for an additional term by issuing payment, either annually or paid-up in a lump sum, depending on the contractual obligations of the lease.

For further information on rental payments, please contact the CRC hotline, 1-855-272-5519.

A surface payment compensates the surface owner for any current and/or future losses on the property or allows for access to drill sites adjacent to the property. This type of payment is typically issued annually depending on the contractual obligations of the surface agreement.

For further information on surface payments, please contact the CRC hotline, 1-855-272-5519.

A property is considered producing when there is an active oil or gas well within its legal boundaries and depths. CRC is continuously evaluating its leasehold property to determine where an oil or gas well will be drilled to achieve the most beneficial and economic rate of return for the owner and CRC itself.

Joint Interest Owners

EnergyLink.com

You can view and print all your JIB statements free of charge through www.energylink.com.

JIB statements Example, see below for how to read this

Operator Contact – (Operator Contact phone number); located in Header row 4, col 2
Statement No – (Invoice Number); located in Header row 7, col 1
Owner Number – (Owner Number or Business Assoicate Number (BNA)); located in Header row 8, col 1
Remit To - (Operator Contact address/Remit Payment Information); located in Header row 8, col 3
RC ID - (Report ID/Cost Center Number (7-CC)); located in Table row 1, col 1
Property Description – (Property Description); located in Table row 1, col 2
GWI – (Partner's Working Interest); located in Table row 1, col 3
Total Amount Due (Your Share) – (Partner's Share of Total); located in Table row 6, col 5

Any working interest owner can send written notice to the address illustrated below or email us at [email protected] should you have a question concerning your Joint Interest Billing (JIB) statement or need to change your billing address.

CA Resources Petro Corp – CVO 1
California Joint Interest
9600 Ming Avenue
Bakersfield, CA 93311