Validity of Unit Agreements

Act 359 of 1961, § 9, under OIL AND GAS CONSERVATION LAW.

Act 359 of 1961, § 9

Section 9. Validity of Unit Agreements.--No agreement between or among lessees or other owners of oil and gas rights in oil and gas properties, entered into pursuant hereto or with a view or for the purpose of bringing about the unitized development or operation of such properties, shall be held to violate any statute of this Commonwealth prohibiting monopolies or acts, arrangements, agreements, contracts, combinations or conspiracies in restraint of trade or commerce.