Current Commitments. Schedule 3.11 sets forth, as of the Execution Date, all authorities for expenditures relating to the Assets to drill or rework Xxxxx (“AFEs”) for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (SM Energy Co), Purchase and Sale Agreement (SM Energy Co)
Current Commitments. Schedule 3.11 sets forth, as of the Execution Date, all authorities for expenditures relating to the Assets to drill or rework Xxxxx or other operations (“AFEs”) for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and all AFEs for which require costs are attributable to the owner of the Assets to expend in excess of $50,000 after the Effective TimeInterim Period.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (SM Energy Co), Purchase and Sale Agreement (Oasis Petroleum Inc.)
Current Commitments. Schedule 3.11 3.12 sets forth, as of the Execution Date, all authorities for expenditures or other capital commitments (“AFEs”) relating to the Assets to drill or rework Xxxxx (“AFEs”) or for other capital expenditures that will be binding on Buyers or any of the Assets after Closing for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (SM Energy Co)
Current Commitments. Schedule 3.11 3.16 sets forth, as of the Execution Date, all authorities for expenditures relating related to the Assets to drill or rework Xxxxx (“AFEs”) which are outstanding or for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (SM Energy Co)
Current Commitments. Schedule 3.11 3.15 sets forth, as of the Execution Date, all authorities for expenditures relating to the Assets to drill or rework Xxxxx (“AFEs”) for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Endeavour International Corp)
Current Commitments. Schedule 3.11 sets forth, as of the Execution Date, all authorities for expenditures relating to the Assets to drill or rework Xxxxx Wxxxx (“AFEs”) for which all of the activities anticipated in such AFEs have not been completed by the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Appears in 1 contract
Samples: Purchase and Sale Agreement (AMERICAN EAGLE ENERGY Corp)
Current Commitments. Schedule 3.11 sets forth, as of the Execution Date, all authorities for expenditures or other capital commitments relating to the Assets to drill or rework Xxxxx or for other capital expenditures with respect to the Assets (“AFEs”) for which all of the activities anticipated in such AFEs have not been completed by as of the Execution Date, and which require the owner of the Assets to expend in excess of $50,000 after the Effective Time.
Appears in 1 contract
