Neb. Rev. Stat. §§ 72-908
Current with changes through the 2024 First Special Legislative Session
The Board of Educational Lands and Funds is hereby authorized, in its discretion, to enter into appropriate agreements for the purpose of unit or cooperative exploration, development, and operation of acreage, or any part of the acreage, covered by leases granted pursuant hereto, with other acreage for the production of oil and gas. Such agreements shall provide for the allocation of production on a proportionate acreage or other agreed equitable basis.
Neb. Rev. Stat. §§ 72-908