WebProduction and sale of oil. X is a C corporation that purchased a working interest in an oil and gas property for $100,000 on July 1, 1993. X elects to become an S corporation effective January 1, 1996. On that date, the working interest has a fair market value of $250,000 and an adjusted basis of $50,000, but no oil has as yet been extracted. WebAug 20, 2024 · Blackacre Oil Corporation filed as a Domestic For-Profit Corporation in the State of Texas and is no longer active. This corporate entity was filed approximately forty-four years ago on Monday, August 20, 1979 , according to public records filed with Texas Secretary of State. Sponsored
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WebBlackacre Resources General Information. Description. Operator of oil and gas acreage based in Oklahoma. The company sources and exploits oil and gas large development … WebBLACKACRE OIL, LLC is a Kansas Ltd Liability Company filed on April 23, 2015. The company's filing status is listed as Active And In Good Standing and its File Number is … billy zabka appearances
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WebSmith's estate has been administered. Darwin has been offered $100,000 for Blackacre if he can convey title to it in fee simple. What interests in Blackacre were created by … WebNov 30, 2014 · Example: Title Objections and Requirements OBJECTION NO. 12: By Assignment dated July 7, 2004, Blackacre Oil Company conveyed a 5.73206%mineral interest to Whiteacre Resources, Inc, reserving a royalty interest equal to 1/4 of 5.73206% of the oil and gas produced and saved from said lands from the surface down to 100 feet … Webtrue. Generally, an employer is not liable for physical harm caused to a third person by: a misrepresentation made by an employee within the scope of the employee's authority. the negligent act of an independent contractor in the performance of the contract. the negligent act of an independent contractor involving unusually hazardous activities. billy zane acting