DRILLING AND COMPLETION OF THE TEST WELLX Sample Clauses

DRILLING AND COMPLETION OF THE TEST WELLX. Xxl of Operator's operations hereunder shall be conducted prudently in a diligent and workmanlike manner, without unnecessary delay, and in accordance with all applicable laws, rules, regulations, and orders. Additionally, Operator shall comply with all of the terms and conditions contained in the Exploration Agreement attached hereto as Exhibit "3", including but not limited to, providing UPRC with all notices and reports required therein for operations conducted hereunder. After actual drilling has commenced, and continuing until the total depth is reached and Operator has completed a Test Well as a commercial producer or plugged and abandoned it as a dry hole, Operator shall furnish to Farmor daily reports as to the progress of drilling, as well as all other information as required to be furnished to Farmor relative to the drilling of a Test Well as provided on the Exhibit "2" attached hereto and by reference made a part hereof. Farmor shall have full and free access to any Test Well and to the records thereof at any and all reasonable times.
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DRILLING AND COMPLETION OF THE TEST WELLX. Xxl of Operator's operations hereunder shall be conducted prudently in a diligent and workmanlike manner, without unnecessary delay, and in accordance with all applicable laws, rules, regulations, and orders. Additionally, Operator shall comply with all of the ten-ns and conditions contained in the Exploration Agreement attached hereto as Exhibit "3", including but not limited to, providing UPRC with all notices and reports required therein for operations conducted hereunder. After actual drilling has commenced, and continuing until the total depth is reached and Operator has completed a Test Well as a commercial producer or plugged and abandoned it as a dry hole, Operator shall furnish to Farmor daily reports as to the progress of drilling, as well as all other information as required to be furnished to Farmor relative to the drilling of a Test Well as provided on the Exhibit "2" attached hereto and by reference made a part hereof. Farmor shall have full and free access to any Test Well and to the records thereof at any and all reasonable times. If Operator determines that a Test Well is capable of producing oil or gas in commercial quantities at any depth drilled; or, if the information from any drillstem test, core cutting, or formation survey indicates that the Test Well is capable of producing oil or gas in commercial quantities at any depth drilled, Operator shall attempt to complete such Test Well as a producer and, if successful, shall equip such well for production through and including the tank batteries if an oil well, or pipeline connection if a gas well.

Related to DRILLING AND COMPLETION OF THE TEST WELLX

  • COMMENCEMENT AND COMPLETION OF THE PROJECT Section 3.01 The Project (a) The Company intends and expects, together with any Sponsor Affiliate, to (i) construct and acquire the Project, and (ii) meet the Contract Minimum Investment Requirement within the Investment Period. The Company anticipates that the first Phase of the Project will be placed in service during the calendar year ending December 31, 2020. (b) Pursuant to the FILOT Act and subject to Section 4.03 hereof, the Company and the County hereby agree that the Company and any Sponsor Affiliates shall identify annually those assets which are eligible for FILOT payments under the FILOT Act and which the Company or any Sponsor Affiliate selects for such treatment by listing such assets in its annual PT-300S form (or comparable form) to be filed with the Department (as such may be amended from time to time) and that by listing such assets, such assets shall automatically become Economic Development Property and therefore be exempt from all ad valorem taxation during the Exemption Period. Anything contained in this Fee Agreement to the contrary notwithstanding, the Company and any Sponsor Affiliates shall not be obligated to complete the acquisition of the Project. However, if the Company, together with any Sponsor Affiliates, does not meet the Contract Minimum Investment Requirement within the Investment Period, the provisions of Section 4.03 hereof shall control. (c) The Company may add to the Land such real property, located in the same taxing District in the County as the original Land, as the Company, in its discretion, deems useful or desirable. In such event, the Company, at its expense, shall deliver an appropriately revised Exhibit A to this Fee Agreement, in form reasonably acceptable to the County.

  • Commencement and Completion of Work The professional services to be performed pursuant to this Agreement shall commence within five (5) days from the Effective Date of this Agreement. Failure to commence work in a timely manner and/or diligently pursue work to completion may be grounds for termination of this Agreement.

  • Construction Completion The related Construction shall have been completed substantially in accordance with the related Plans and Specifications, the related Deed and all Applicable Laws, and such Leased Property shall be ready for occupancy and operation. All fixtures, equipment and other property contemplated under the Plans and Specifications to be incorporated into or installed in such Leased Property shall have been substantially incorporated or installed, free and clear of all Liens except for Permitted Liens.

  • Commencement and Completion The Work shall commence on _______________, 20__ and shall be complete in accordance with this Agreement without delay on ______________, 20__. The term “day”, used throughout this Agreement, refers to calendar days. Contractor shall not be entitled to any additional compensation for any Permitted Delays. If this Agreement is not signed and returned to the Owner before any work commences, this Agreement will be considered as accepted as presented to the Contractor.

  • Completion of the Work The Contractor must obtain Material Completion as defined in Section 6.1.2 below prior to any occupancy of the Project.

  • Completion of the Project The Participating County acknowledges it is obligated to undertake and complete the design and construction of the Project in compliance with all of the applicable terms and conditions of the Project Documents and the Participating County agrees to use its best efforts to cause the completion of design and construction of the Project in compliance with the applicable terms and conditions of such documents. The Participating County agrees to complete the Project in accordance with this Agreement and consistent with the scope, cost and schedule established by the Board and attached hereto in Exhibit A, as such scope, cost and schedule may be modified with the approval of Finance and the recognition of the Board.

  • Upon completion of the Project the Recipient shall make a full and complete accounting to the OPWC of the Eligible Project Cost.

  • PROGRESS AND COMPLETION 8.2.1 All time limits stated in the Contract Documents are material terms and time is the essence of the Contract. A failure by Contractor to do what is required by the time specified in the Contract Documents is a breach of the contract. 8.2.2 The Contractor shall begin the Work on the date of commencement as defined in 8.2.3 If in the sole opinion of the State, the Contractor fails to commence work on the project or to complete the work of said project within the time specified above, or to prosecute the work in such a manner that it appears that the completion date can be assured, the State shall have the right to notify the Contractor by Certified Mail that the terms of the Contract have been violated, and that effective immediately the Contract is terminated and the State has the right to and in fact is taking over and attending to completion of the project without prejudice to the State's remedies for any losses sustained

  • Project Completion The Contractor agrees to schedule a final job walk with the County. If required, the County will prepare a list of incomplete items, the “Punch List”. The Contractor agrees to complete the “Punch List” corrections and schedule a final project completion job walk. The County will sign the “Punch List” as completed when determined, the project is finished. The Contractor agrees to submit the following along with its final payment request:

  • Phase 2 Phase 2 is expected to consist of Member Nodes and a select number of Nodes operated by non-Members. The non-Member Nodes will be required to comply with Node hosting terms as set forth by the Council, which may be amended from time to time (the “General Node Terms”).

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