Drilling Obligations. Except to the extent of those obligations previously fulfilled by Seller or any of its predecessors, none of the Leases or any Applicable Contract contain express provisions obligating Seller to drill any xxxxx on the Properties (other than provisions requiring optional drilling as a condition of maintaining or earning all or a portion of a presently non-producing Lease).
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Exco Resources Inc)
Drilling Obligations. Except to the extent of those obligations previously fulfilled by Seller or any of its predecessors, none of the Leases or any Applicable Contract Related Contracts that are included in the Property contain express provisions provisions, enforceable by specific performance, obligating Seller to drill any xxxxx on the Properties Property (other than in no way including provisions requiring optional drilling as a condition of maintaining or earning any conditional drilling to maintain or earn all or a portion of a presently non-producing Lease).
Appears in 2 contracts
Samples: Agreement to Assign (Centennial Resource Development, Inc.), Agreement to Assign (Centennial Resource Development, Inc.)
Drilling Obligations. Except to the extent of those obligations previously fulfilled by Seller Sellers or any of its their predecessors, none of the Leases or any Applicable Contract Contracts contain express provisions obligating Seller Sellers or their successors to drill any xxxxx on the Properties (other than provisions requiring optional drilling as a condition of maintaining or earning all or a portion of a presently non-producing Lease).
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Athlon Energy Inc.), Purchase and Sale Agreement (Athlon Energy Inc.)
Drilling Obligations. Except as set forth on Exhibit 4.1(s), or to the extent of those obligations previously fulfilled by Seller or any of its predecessors, none of the Leases or any Applicable Contract Contracts that are included in the Properties contain express provisions obligating Seller to drill any xxxxx on the Properties (other than provisions requiring optional drilling as a condition of maintaining or earning all or a portion of a presently non-producing Lease).
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Resolute Energy Corp)
Drilling Obligations. Except to the extent of those obligations previously fulfilled by Seller or any of its predecessors, none of the Leases or any Applicable Contract Contracts that are included in the Assets contain express provisions obligating Seller to drill any xxxxx on the Properties Assets (other than provisions requiring optional drilling as a condition of maintaining or earning all or a portion of a presently non-producing Lease).
Appears in 1 contract
Drilling Obligations. Except to the extent of those obligations previously fulfilled by Seller or any of its predecessors, none of the Leases or Contracts contains any Applicable Contract contain express provisions obligating Seller to drill any xxxxx wxxxx on the Properties (other than provisions requiring optional drilling as a condition of maintaining or earning all or a portion of a presently non-producing Lease).
Appears in 1 contract
Samples: Asset Purchase Agreement (Infinity Energy Resources, Inc)
