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Form FS-LCMW Irrevocable Letter of Credit (Multiple Wells) - Louisiana
What Is Form FS-LCMW?
This is a legal form that was released by the Louisiana Department of Natural Resources - a government authority operating within Louisiana. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form FS-LCMW?A: Form FS-LCMW is a standardized form used for issuing an irrevocable letter of credit for multiple oil and gas wells in Louisiana.
Q: What is an irrevocable letter of credit?A: An irrevocable letter of credit is a financial instrument issued by a bank that guarantees payment to a beneficiary upon satisfactory completion of certain conditions.
Q: What is the purpose of Form FS-LCMW?A: The purpose of Form FS-LCMW is to provide a standardized format for issuing a letter of credit that ensures payment to the operator of multiple oil and gas wells in Louisiana.
Q: Who uses Form FS-LCMW?A: Form FS-LCMW is used by banks, operators, and other parties involved in oil and gas operations in Louisiana.
Q: What does 'multiple wells' mean in the context of Form FS-LCMW?A: In the context of Form FS-LCMW, 'multiple wells' refers to the inclusion of more than one oil and gas well under the same letter of credit.
Form Details:
- Released on October 11, 2016;
- The latest edition provided by the Louisiana Department of Natural Resources;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form FS-LCMW by clicking the link below or browse more documents and templates provided by the Louisiana Department of Natural Resources.
Download Form FS-LCMW Irrevocable Letter of Credit (Multiple Wells) - Louisiana
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