Designation and Responsibilities of Operator. PDC shall be the Operator of the Prospects, and shall conduct and direct and have full control of all operations on the Prospects as permitted and required by, and within the limits of this agreement. It shall conduct all such operations in a good workmanlike manner, but it shall have no liability as Operator to the Partnership for losses sustained or liabilities incurred, except such as may result from negligence or misconduct. The Managing General Partner may subcontract with another operator or operators to perform some of all of the duties of the operator, on Terms and conditions substantially the same as those discussed herein. The Managing General Partner will supervise operations by other non-affiliated drilling contractors and subcontractors.
Designation and Responsibilities of Operator. Imperial Petroleum. Inc. shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations on the Contract Area as permitted and required by, and within the limits of this agreement. In its performance of services hereunder for the Non-Operators, Operator shall be an independent contractor not subject to the control or direction of the Non-Operators except as to the type of operation to be undertaken in accordance with the election procedures contained in this agreement. Operator shall not be deemed, or hold itself out as, the agent of the Non-Operators with authority to bind them to any obligation or liability assumed or incurred by Operator as to any third party. Operator shall conduct its activities under this agreement as a reasonable prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good oilfield practice, and in compliance with applicable law and regulation, but in no event shall it have any liability as Operator to the other parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.
Designation and Responsibilities of Operator. New Dominion, L.L.C. (“NDL”) shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations on the Contract Area as permitted and required by, and within the limits of this Agreement. The Parties acknowledge that NDL is not a working interest owner in the Contract Area. In its performance of services under this Agreement for the Non-Operators, Operator shall be an independent contractor not subject to the control or direction of the Non-Operators except as to the type of operation to be undertaken in accordance with the election procedures contained in this Agreement. Operator shall not be deemed, or hold itself out as, the agent of the Non-Operators with authority to bind them to any obligation or liability assumed or incurred by Operator as to any third party. Operator shall conduct its activities under this Agreement as a reasonable prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good oilfield practice, and in compliance with applicable law and regulation, but in no event shall it have any liability as Operator to the other parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.
Designation and Responsibilities of Operator. Newport shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations on the Contract Area as permitted and required by, and within the limits of this Agreement. In its performance of services hereunder for the Non-Operators, Operator shall be an independent contractor not subject to the control or direction of the Non-Operators except as to the type of operation to be undertaken in accordance with the election procedures contained in this Agreement. Operator shall not be deemed, or hold itself out as, the agent of the Non-Operators with authority to bind them to any obligation or liability assumed or incurred by Operator as to any third party. Operator shall conduct its activities under this Agreement as a reasonably prudent operator, in a good and workmanlike matter, with due diligence and dispatch, in accordance with good oilfield practice, and in compliance with applicable law and regulations, but in no event shall it have any liability as Operator to the other parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.
Designation and Responsibilities of Operator. 3.1 Fortune or Prime, as determined pursuant to the provisions of the Operations Sharing Agreement, shall act as the operator of all Prospects. In addition to the interests in AMI Dedicated Interests acquired, obtained or retained pursuant to the terms of this Agreement by Prime and/or Fortune from Non-Participating Seismic Partners and Partially Participating Seismic Partners, Prime and Fortune shall each be entitled to acquire, obtain or retain an undivided twenty-five percent (25%) interest in each AMI Dedicated Interest acquired in each Prospect (the "Operators' Base 50% Working Interest"). The Operators' Base 50% Working Interest shall be proportionally reduced (as shall all Parties' interests) in accordance with the Parties' aggregate ownership in each such AMI Dedicated Interest and further proportionally reduced in accordance with the total ownership that such AMI Dedicated Interest bears to the total fee mineral ownership in the lands covered by that AMI Dedicated Interest. The relationship between the Parties regarding the acquisition of AMI Dedicated Interests and the drilling, development, and operation of oil and gas wells on each Prospect shall be xxxxrned by an Operating Agreement, except to the extent inconsistent with the terms of this Agreement, in which event the terms of this Agreement shall control. Whenever Prime is the designated Operator of a Prospect, Prime Operating Company shall be designated as the operator in the Operating Agreement covering that Prospect, and Prime Operating Company shall be responsible for discharging the operator's undertakings provided in the Operating Agreement.
3.1.1 In addition to the payment of their respective share of the costs of drilling, development, and operation as provided for in the applicable Operating Agreement, Fortune and Prime as provided in Exhibit "A", each agree, severally but not jointly, as respects its obligations only, as follows:
(a) to pay Twenty-Five Thousand Dollars ($25,000) to Thorp upon the last to ocxxx xf (i) the termination of that certain Joint Exploration Agreement dated February 22, 2001, (the "Thorp Agreement"), by and among Thorp, Cymraec, et al., by all xxx xarties thereto, (ii) the execution and delivery of that certain Settlement Agreement dated February ___, 2002 (the "Settlement Agreement"), by and among Thorp, Cymraec, et al., and (xii) their receipt of Thorp's release (in form and suxxxxxxx satisfactory to Prime and Fortune) of any and all claims, causes of act...
Designation and Responsibilities of Operator. EnerVest Operating LLC shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations on the Contract Area as permitted and required by, and within the limits of this agreement. In its performance of services hereunder for the Non-Operators, Operator shall be an independent contractor not subject to the control or direction of the Non-Operators except as to the type of operation to be undertaken in accordance with the election procedures contained in this agreement. Operator shall not be deemed, or hold itself out as, the agent of the Non-Operators with authority to bind them to any obligation or liability assumed or incurred by Operator as to any third party. Operator shall conduct its activities under this agreement as a
Designation and Responsibilities of Operator. Xxxxxx Operating, Inc. shall be the Operator of the well and Contract Area, and shall conduct and direct and have full control of all operations on the well and Contract Area as permitted and required by, and within the limits of this Agreement. It shall conduct all operations in a good and workmanlike manner, but it shall have no liability as Operator to the other parties for losses sustained or liabilities incurred, except as may result from gross negligence or willful misconduct.
Designation and Responsibilities of Operator. Blue Sky Langsa Ltd. shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations on the Contract Area as permitted and required by, and within the limits of, this agreement. It shall conduct all such operations in a good and workmanlike manner, but it shall have no liability as Operator to the other parties for losses sustained or liabilities incurred, except such as may result from gross negligence or willful misconduct.
Designation and Responsibilities of Operator. For the commercial productive life of the Contract Area and other Interests for oil and gas, Operator shall be the operator of the Interests and shall conduct and direct and have full control over all operations on the Interests as permitted and required by, and within the limits of, this Agreement. This powers of the Operator under this Agreement shall be interpreted widely and to the benefit of the Operator and shall encompass all such powers as are common in the industry and necessary or incidental to the Operator's abilities and duties to operate the Interests and shall include, but not be limited by, rights of egress and ingress to the Interests, the right to use all properties of the Non-Operator and Interest owners in relation to operations on the Interest, the right to exclude persons from the interest including the Non-Operator (except for appointments for examinations made with reasonable notice), the right to sell Production and give good title to the same, the right to engage contract for drilling, well maintenance, sales and other such matters necessary to maintain the Interest and conduct Production, and every other matter the Operator may deem reasonably necessary or advantageous to act as operator. Operator shall conduct all such operations in a good and workmanlike manner, but it shall have no liability as Operator to the Non-Operator for losses sustained or liabilities incurred, except such as may result from gross negligence or willful misconduct.
Designation and Responsibilities of Operator. PDC shall be the Operator of the Prospects, and shall conduct and direct and have full control of all operations on the Prospects as permitted and required by, and within the limits of this agreement. It shall conduct all such operations in a good workmanlike manner, but it shall have no liability as Operator to the Partnership for losses sustained or liabilities incurred, except such as may result from negligence or misconduct.
