Common use of Abandonment of Exclusive Operations Clause in Contracts

Abandonment of Exclusive Operations. This Article 10 shall apply mutatis mutandis to the abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event all Parties having the right to conduct further operations in such well shall be notified and have the opportunity to conduct Exclusive Operations in the well in accordance with the provisions of this Article 10).

Appears in 10 contracts

Samples: Purchase and Sale Agreement (Hyperdynamics Corp), Joint Operating Agreement (BPZ Resources, Inc.), Joint Operating Agreement (Bontan Corp Inc)

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Abandonment of Exclusive Operations. This Article 10 X shall apply mutatis mutandis to the abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event all Parties having the right to conduct further operations in such well shall be notified and have the opportunity to conduct Exclusive Operations in the well in accordance with the provisions of this Article 10X).

Appears in 5 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)

Abandonment of Exclusive Operations. This Article Clause 10 shall apply mutatis mutandis to the abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event all Parties having the right to conduct further operations in such well shall be notified and have the opportunity to conduct Exclusive Operations in the well in accordance with the provisions of this Article Clause 10).

Appears in 3 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)

Abandonment of Exclusive Operations. This Article 10 shall apply mutatis mutandis to the abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event conducted; provided that no well shall be permanently plugged and abandoned unless and until all Parties having the right to conduct further operations in such well shall be have been notified of the proposed abandonment and have afforded the opportunity to conduct Exclusive Operations in elect to take over the well in accordance with the provisions of this Article 10).X.

Appears in 2 contracts

Samples: International Operating Agreement (Seven Seas Petroleum Inc), Joint Operating Agreement (Drucker Industries Inc)

Abandonment of Exclusive Operations. This Article 10 X shall apply mutatis mutandis MUTATIS MUTANDIS to the abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event all Parties having the right to conduct further operations in such well shall be notified and have the opportunity to conduct Exclusive Operations in the well in accordance with the provisions of this Article 10X).

Appears in 1 contract

Samples: Operating Agreement (Transatlantic Petroleum Corp)

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Abandonment of Exclusive Operations. This Article 10 shall apply mutatis mutandis to the Decommissioning of facilities and/or equipment acquired for an Exclusive Operation and abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event all Parties having the right to conduct further operations in such well shall be notified and have the opportunity to conduct Exclusive Operations in the well in accordance with the provisions of under this Article 10).

Appears in 1 contract

Samples: Joint Operating Agreement (Discovery Energy Corp.)

Abandonment of Exclusive Operations. This Article clause 10 shall apply mutatis mutandis to the abandonment of an Exclusive Well or any well in which an Exclusive Operation has been conducted (in which event all Parties having the right to conduct further operations in such well shall be notified and have the opportunity to conduct Exclusive Operations in the well in accordance with the provisions of this Article clause 10).

Appears in 1 contract

Samples: Farmout Agreement (Hyperdynamics Corp)

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