Drilling Obligations. Except as set forth on Schedule 5.16, such Seller has no unfulfilled drilling obligations affecting the Leases by virtue of a Contract relating to the Assets or the ownership or operation thereof.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC), Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)
Drilling Obligations. Except as set forth on Schedule 5.163.13, such Seller has no unfulfilled drilling obligations affecting the Leases by virtue of a Contract relating to the Assets Related Contract, other than provisions requiring optional drilling as a condition of maintaining or the ownership earning all or operation thereofa portion of an Undeveloped Lease.
Appears in 2 contracts
Samples: Asset Purchase Agreement, Asset Purchase Agreement (Midstates Petroleum Company, Inc.)
