(225 ILCS 725/23.12) (from Ch. 96 1/2, par. 5449)
Sec. 23.12.
The unit area may be unitized or joined with adjoining portions
of the same pool or pools, or portions thereof, including a unit area of
another or other units and a new unit created for unitized management,
operation
and further development of such enlarged unit area upon the filing of a
petition therefor, and after notice and hearing, in the same manner and
on the same conditions, all as herein provided with respect to the creation
of a unit in the first instance, provided always that the requisites of
Sections 23.5 and 23.8 shall be applicable. Upon issuance of the order
by the Director creating a new unit, the new unit so
created shall thereupon
supersede such existing unit or units. Such order shall not alter the
proportionate
allocation of unit production among the separately owned tracts included
in such previously established unit area or unit areas. Any new working
interest owner whose interest by such order is added to the new unit area
and who becomes liable for his proportionate share of the unit expense shall
not be liable for any unit expense incurred prior to such person's entry
in the new unit. At the time such interest is included in the new unit
area, an equipment inventory will be made in order to charge or credit such
newly committed interest with its proportionate share of capital investment.
An oil-in-storage inventory will be taken immediately prior to adding the
newly committed interest.
(Source: P.A. 85-1334.)
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