Common use of Designation and Responsibilities of Operator Clause in Contracts

Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in the Contract Area as permitted and required by, and within the limits of this Agreement. 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.

Appears in 2 contracts

Samples: Operating Agreement (American Liberty Petroleum Corp.), Operating Agreement (American Liberty Petroleum Corp.)

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Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, Imperial Petroleum. Inc. shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in on the Contract Area as permitted and required by, and within the limits of this Agreementagreement. In its performance of services under this Agreement 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 Agreementagreement. 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 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 parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.

Appears in 2 contracts

Samples: Purchase and Sales Agreement, Purchase and Sales Agreement (Imperial Petroleum Inc)

Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, Newport shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in on the Contract Area as permitted and required by, and within the limits of this Agreement. In its performance of services under this Agreement 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 reasonably prudent operator, in a good and workmanlike mannermatter, with due diligence and dispatch, in accordance with good oilfield practice, and in compliance with applicable law and regulationregulations, but in no event shall it have any liability as Operator to the other Parties parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.

Appears in 1 contract

Samples: Operating Agreement (Egpi Firecreek, Inc.)

Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in on the Contract Area as permitted and required by, and within the limits of this Agreementagreement. In its performance of services under this Agreement 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 Agreementagreement. 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 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 parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.

Appears in 1 contract

Samples: Farmout Agreement (PetroSouth Energy Corp.)

Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, MegaWest Energy Missouri Corp. shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in on the Contract Area as permitted and required by, and within the limits of this Agreementagreement. In its performance of services under this Agreement 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 Agreementagreement. 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 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 or their officers, employees or agents for losses sustained or liabilities incurred incurred, whether or not due to the negligence of Operator, except such as may result from gross negligence or willful wilful misconduct.

Appears in 1 contract

Samples: Operating Agreement (Megawest Energy Corp.)

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Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, UHC Petroleum Corporation shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in on the Contract Area as permitted and required by, and within the limits of this Agreementagreement. In its performance of services under this Agreement 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 Agreementagreement. 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 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 parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.

Appears in 1 contract

Samples: Operating Agreement (Explortex Energy Inc.)

Designation and Responsibilities of Operator. Independence Drilling, LLC, a Nevada limited liability company, Operator shall be the Operator of the Contract Area, and shall conduct and direct and have full control of all operations in on the Contract Area as permitted and required by, and within the limits of this Agreement. agreement In its the performance of services under this Agreement 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. agreement Operator shall not be deemed, 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 .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 parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.,

Appears in 1 contract

Samples: Operating Agreement (American Standard Energy Corp.)

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