By Operator. Notwithstanding the provisions of Paragraph 3 with respect to the depth to be drilled, Operator shall have the right to direct the stoppage of the work to be performed by Contractor hereunder at any time prior to reaching the specified depth, and even though Contractor has made no default hereunder. In such event, Operator shall reimburse Contractor as set forth in Subparagraph 6.4 hereof.
Appears in 6 contracts
Samples: Master Drilling Agreement, Master Drilling Agreement (Mammoth Energy Services, Inc.), Master Drilling Agreement (Mammoth Energy Partners LP)
By Operator. Notwithstanding the provisions of Paragraph 3 with respect to the depth to be drilled, Operator shall have the right to direct the stoppage of the work to be performed by Contractor hereunder at any time prior to reaching the specified depth, and even though Contractor has made no default hereunder. In such event, . Operator shall reimburse Contractor as set forth in Subparagraph 6.4 hereof.
Appears in 2 contracts
Samples: Agreement for Purchase of Term (Pedevco Corp), Escrow Agreement (Pedevco Corp)
By Operator. Notwithstanding the provisions of Paragraph 3 with respect to the depth to be drilled, Operator shall have the right to direct the stoppage of the work to be performed by Contractor hereunder on any well at any time prior to reaching the specified depth, and even though Contractor has made no default hereunder. In such event, Operator shall reimburse Contractor as set forth in Subparagraph 6.4 hereof.
Appears in 1 contract
Samples: Concho Resources Inc
By Operator. Notwithstanding the provisions of Paragraph 3 with respect to the depth to be drilled, Operator shall have the right to direct the stoppage of the work to be performed by Contractor hereunder at any time prior to reaching the specified depth, and even though Contractor has made no default hereunder. In such event, Operator shall reimburse Contractor as set forth in Subparagraph 6.4 6.3 hereof.
Appears in 1 contract
By Operator. Notwithstanding the provisions of Paragraph 3 with respect to the depth to be drilled, Operator shall have the right to direct the stoppage of the work to be performed by Contractor hereunder at any time lime prior to reaching the specified depth, and even though Contractor has made no default hereunder. In such event, Operator shall reimburse Contractor as set forth in Subparagraph 6.4 hereof.
Appears in 1 contract
Samples: Escrow Agreement (Pedevco Corp)
