CHARGES TO THE JOINT ACCOUNT. All expenditures necessary to properly conduct of the Joint Operations shall be charged to the Joint Account. The charges shall be fair in relation to the nature and extent of the Joint Operations and shall be adequately documented. At the end of each month the Operator shall make provisional charges for cost incurred, but not yet booked. Such provisional charges shall be reversed the following month. Expenditures shall include, but are not necessarily limited to:
Appears in 4 contracts
Samples: Joint Operating Agreement, Exploration and Production Agreement, Accounting Agreement
CHARGES TO THE JOINT ACCOUNT. All expenditures necessary to properly conduct of the Joint Operations shall be charged to the Joint Account. The charges shall be fair reasonable in relation to the nature and extent of the Joint Operations and shall be adequately documented. At the end of each month month, the Operator shall make provisional charges for cost costs incurred, but not yet bookedrecorded. Such provisional charges shall be reversed in the following month. Expenditures shall include, but are not necessarily limited to:
Appears in 1 contract
Samples: Joint Operating Agreement
CHARGES TO THE JOINT ACCOUNT. All expenditures necessary to properly conduct of the Joint Unit Operations shall be charged to the Joint Account. The charges shall be fair in relation to the nature and extent of the Joint Unit Operations and shall be adequately documented. At the end of each month the Operator shall make provisional charges for cost incurred, but not yet booked. Such provisional charges shall be reversed the following month. Expenditures shall include, but are not necessarily limited to:
Appears in 1 contract
Samples: Accounting Agreement
