Common use of Decommissioning of Joint Facilities Clause in Contracts

Decommissioning of Joint Facilities. (A) A decision to Decommission any facilities and/or equipment, other than xxxxx, that were acquired for or contributed to the Joint Account, shall require the approval of the Operating Committee. In connection with such proposal the Operator shall give notice to all Parties listing such facilities and equipment together with the Operator’s latest estimate of decommissioning costs.

Appears in 1 contract

Samples: Joint Operating Agreement

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Decommissioning of Joint Facilities. (Aa) A decision to Decommission any facilities and/or equipment, other than xxxxx, that were acquired for or contributed to the Joint Account, shall require the approval of the Operating Committee. In connection with such proposal the Operator shall give notice to all Parties listing such facilities and equipment together with the Operator’s latest estimate of decommissioning costsDecommissioning Costs.

Appears in 1 contract

Samples: Joint Operating Agreement (Tamboran Resources Corp)

Decommissioning of Joint Facilities. (A) A decision to Decommission any facilities and/or equipment, other than xxxxx, that were acquired for or contributed to the Joint Account, shall require the approval of the Operating Committee. In connection with such proposal the proposal, Operator shall give notice to all Parties listing such facilities and equipment together with the Operator’s latest estimate of decommissioning costs.

Appears in 1 contract

Samples: Joint Operating Agreement

Decommissioning of Joint Facilities. (A) 10.1.A A decision to Decommission any facilities and/or equipment, other than xxxxxwxxxx, that were acquired for or contributed to the Joint Account, shall require the approval of the Operating Committee. In connection with such proposal the Operator shall give notice to all Parties listing such facilities and equipment together with the Operator’s 's latest estimate of decommissioning costsDecommissioning Costs.

Appears in 1 contract

Samples: August (Duma Energy Corp)

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Decommissioning of Joint Facilities. (A) 10.1.A A decision to Decommission any facilities and/or equipment, other than xxxxx, that were acquired for or contributed to the Joint Account, shall require the approval of the Operating Committee. In connection with such proposal the Operator shall give notice to all Parties listing such facilities and equipment together with the Operator’s latest estimate of decommissioning costsDecommissioning Costs.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

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