Acreage Contributions. In the event a PARTY receives an acreage contribution toward the drilling of a well, said acreage contribution shall be shared by each PARTICIPATING PARTY who accepts in proportion to its PARTICIPATING INTEREST in the well.
Appears in 6 contracts
Samples: Joint Operating Agreement (Ridgewood Enengy K Fund LLC), Agreement (Beta Oil & Gas Inc), The Purchase and Sale Agreement (Primeenergy Corp)