Division Orders

A division order is a record of your interest in a specific well. It contains your decimal interest, interest type, well number and well name. Division orders are issued to all that own an interest in a specific well after that well has achieved first sales of either oil or gas. Division orders can also be issued if a well undergoes a rework, which can occur for various reasons. Additionally, revised division orders are issued whenever a transfer of interest occurs between two or more parties. In all cases, you should only receive a division order if your interest has been affected by some change that has occurred. Upon examination of your division orders, you should keep one copy for your records and remit an executed copy back to Chesapeake for ours.