Terms Used In Indiana Code > Title 14 > Article 38 - Other Petroleum Regulation

• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Lien: A claim against real or personal property in satisfaction of a debt.
• person: means the following:

  Indiana Code 14-38-1-2

• petroleum: means any liquid or gaseous hydrocarbon occurring in nature beneath the surface of the earth. See Indiana Code 14-38-1-3
• Plaintiff: The person who files the complaint in a civil lawsuit.
• plugging: means the stopping of the flow or migration of oil, gas, water, or other fluid or material up or down a test hole. See Indiana Code 14-38-2-3
• proven territory: means territory so situated with reference to known producing wells as to establish the general opinion that, because of the territory's relation to the producing wells, petroleum is contained in the territory. See Indiana Code 14-38-1-4
• public land: means land and area belonging to or subsequently acquired by the state or any of the state's institutions. See Indiana Code 14-38-1-5
• Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
• Service of process: The service of writs or summonses to the appropriate party.
• Summons: Another word for subpoena used by the criminal justice system.
• test hole: means an exploratory hole, except for coal exploration, drilled for the purpose of obtaining information and data on the character, composition, sequence, thickness, age, and correlation of underground strata and formations for at least one (1) of the following and no other purposes:

  Indiana Code 14-38-2-4