19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
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Simple English definitions for legal terms
farmoutee
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A quick definition of farmoutee:
Term: FARMOUTEE
Definition: A farmoutee is a person or company that is given permission to drill for oil or gas on a leased property. They are like a tenant who rents the land to drill for resources. They are also called farmees or farminees.
A more thorough explanation:
Definition: A farmoutee is a person or company that is assigned a lease for the purpose of drilling a well in the oil and gas industry. They are also known as farmees or farminees.
Example 1: XYZ Oil Company leases a piece of land for oil and gas exploration. They do not have the resources to drill a well, so they assign the lease to ABC Drilling Company. ABC Drilling Company becomes the farmoutee and is responsible for drilling the well.
Example 2: John owns a small oil and gas company and wants to expand his operations. He finds a lease that has already been assigned to a farmoutee. John negotiates with the farmoutee to become a partner in the drilling project.
These examples illustrate how a farmoutee is assigned a lease for the purpose of drilling a well. In both cases, the original lessee did not have the resources or desire to drill a well, so they assigned the lease to a farmoutee. The farmoutee then becomes responsible for drilling the well and may partner with other companies to complete the project.