Development Operator and Duties Clause Samples

Development Operator and Duties. In addition to any other duties and responsibilities expressly set forth in this Agreement, each Development Operator will have the following rights and obligations: (a) prepare and issue statements or invoices to each of the Parties reflecting such Party’s Participating Interest Share of the Development Costs in respect of the Joint Interests for which it has been designated operator; (b) during the Drilling Carry Period only, make such changes to any Annual Work Plan and Budget as each Development Operator may determine acting as a reasonably prudent operator in respect of the Joint Interests for which it has been designated operator; provided that, subject to Section 5.2(c), the Development Operator shall not drill more ▇▇▇▇▇ in any Calendar Year than the total number of ▇▇▇▇▇ set forth in the Multi-Year Plan to be drilled by such Development Operator for such Calendar Year in the areas operated by such Development Operator; (c) make expenditures called for in any applicable Annual Work Plan and Budget in respect of the Joint Interests for which it has been designated operator; and (d) notwithstanding the terms of any Applicable Operating Agreement to the contrary, at the option of any Party, at such Party’s expense, secure any title curative matters (other than with respect to the Conveyed Interest) and pooling amendments or agreements required of such Party under the Applicable Operating Agreement in connection with leases or other rights to oil and gas included in the Joint Interests, provided that the Party’s expenses for such requested actions shall be paid by such Party in accordance with Section 2.1.