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Replace Alternative Choice to the Pooling Agreement

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Aug 6th, 2022

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How to Replace Alternative Choice to the Pooling Agreement

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back in December 2021 I created my most popular video ever asking what you should do with any spare money each month should you overpay your mortgage or invest it back then at the bank of England base rate was just 0.1 and now its 4.25 so has the argument changed well there are still two key factors at play firstly the maths the numbers behind the decision and those have definitely changed and Ill show you to what degrees have changed in the main video the second factor is the emotional psychological benefit of paying off debt and while human nature hasnt changed very much in the last 18 months I do think that many of us feel that things are more challenging now than they were with the rising cost of living and arguably quite a bit more job uncertainty and so I think that theres a new factor that trumps both and that is flexibility watch the video which Ill link in the pinned comment here to find out why

Got questions?

Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

What is a pooling agreement?

What is a Pooling Agreement? A pooling agreement is a type of contract where corporate shareholders create a voting trust by pooling their voting rights and transferring them to a trustee. This is also called a voting agreement or shareholder-control agreement since it is used to control the affairs of the corporation.

Why do people enter pooling arrangements?

Pooling arrangements are used by ship owners to optimize a return on their vessels by grouping them with similar ships to create a fleet with increased availability and revenue.

What is a pooling agreement oil and gas?

Pooling is the combination of all or portions of multiple oil and gas leases to form a unit for the drilling of a single oil and/or gas well.

What is unitization of oil and gas leases?

The unitization clause of an oil and gas lease grants the lessee the power to unitize the lessors interest without further consent by the lessor.

What is the unitization of land?

Unitization (Exploratory and Secondary): Unitization provides for the exploration and development of an entire geologic structure or area by a single operator so that drilling and production may proceed in the most efficient and economic manner.

What is a unitization process?

Unitization is the act of consolidating multiple smaller units into a larger unit for improved warehouse efficiency, quicker packaging and arranging, and more efficient handling and transportation.

What does pooling mean in oil and gas?

Pooling is the combining of all oil and gas interests in a drilling unit. In most cases, the owners of oil and gas rights in a unit sign a lease with a developer that allows for pooling. If there is more than one developer in a unit, they voluntarily agree on a development plan.

What is the difference between unitization and pooling?

Pooling refers to joining together enough acreage to allow issuance of a drilling permit for a single well. Unitization refers to joining together large areas such as an entire reservoir or field to optimize operations, introduce efficiencies, and reduce costs. Both pooling and unitization can be voluntary or forced.

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