Common use of Abandonment of Wellx Clause in Contracts

Abandonment of Wellx. Xx the best of the information, knowledge and belief of the Vendor, and other than as disclosed in the documents provided by the Vendor to the Purchaser for the purposes of the Purchaser conducting its due diligence in respect of the Assets, each well located on the Lands which has been abandoned has been plugged and abandoned, and the wellsite therefor properly restored, in accordance with good oil and gas field practices;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Geocan Energy Inc)

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Abandonment of Wellx. Xx the best of the information, knowledge and belief of the Vendor, and other than as disclosed in the documents provided by the Vendor to the Purchaser for the purposes of the Purchaser conducting its due diligence in respect of the Assets, each well Well located on the Lands which has been abandoned by Vendor has been plugged and abandoned, and the wellsite therefor properly restored, in accordance with good oil and gas field practicespractises and the material requirements of the Regulations;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cotton Valley Resources Corp)

Abandonment of Wellx. Xx the best of the information, knowledge and belief of the Vendor, and other than as disclosed in the documents provided by the Vendor to the Purchaser for the purposes of the Purchaser conducting its due diligence in respect of the Assets, each well located on the Lands which has been abandoned has been plugged and abandoned, and the wellsite therefor therefore properly restored, in accordance with good oil generally accepted industry practices and gas field practicesin full compliance with existing Regulations;

Appears in 1 contract

Samples: Offer to Purchase (Geocan Energy Inc)

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Abandonment of Wellx. Xx the best of the information, knowledge and belief of the Vendor, and other than as disclosed in the documents provided by the Vendor to the Purchaser for the purposes of the Purchaser conducting its due diligence in respect of the Assets, each well located on the Lands which has been abandoned has been plugged and abandoned, and the wellsite therefor properly restored, in accordance with good oil and gas field practicespractices and the material requirements of the Regulations;

Appears in 1 contract

Samples: Purchase and Sale Agreement (Geocan Energy Inc)

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