Drilling of Xxxxx. Operator, as Developer’s independent contractor, agrees to drill, complete (or plug) and operate seven (7) oil and gas xxxxx on the seven (7) Initial Well Locations in accordance with the terms and conditions of this Agreement. Developer, as a minimum commitment, agrees to participate in and pay the Operator’s charges for drilling and completing (or plugging) the xxxxx and any extra costs pursuant to Section 4 in proportion to the share of the Working Interest owned by the Developer in the xxxxx with respect to all initial xxxxx. It is understood and agreed that, subject to sub-section (e) below, Developer does not reserve the right to decline participation in the drilling of any of the initial xxxxx to be drilled under this Agreement.
Appears in 2 contracts
Samples: Drilling and Operating Agreement (Atlas Resources Public #17-2008 (B) L.P.), Drilling and Operating Agreement (Atlas Resources Public #16-2007 (A) L.P.)
Drilling of Xxxxx. Operator, as Developer’s independent contractor, agrees to drill, complete (or plug) and operate seven nine (79) oil and gas xxxxx on the seven nine (79) Initial Well Locations in accordance with the terms and conditions of this Agreement. Developer, as a minimum commitment, agrees to participate in and pay the Operator’s charges for drilling and completing (or plugging) the xxxxx and any extra costs pursuant to Section 4 in proportion to the share of the Working Interest owned by the Developer in the xxxxx with respect to all initial xxxxx. It is understood and agreed that, subject to sub-section (e) below, Developer does not reserve the right to decline participation in the drilling of any of the initial xxxxx to be drilled under this Agreement.
Appears in 2 contracts
Samples: Drilling and Operating Agreement (Atlas America Public #15-2005 (B) L.P.), Drilling and Operating Agreement (Atlas America Public #15-2005 Program)
Drilling of Xxxxx. Operator, as Developer’s independent contractor, agrees to drill, complete (or plug) and operate seven _____ (7_____) oil and gas xxxxx on the seven _____ (7_____) Initial Well Locations in accordance with the terms and conditions of this Agreement. Developer, as a minimum commitment, agrees to participate in and pay the Operator’s charges for drilling and completing (or plugging) the xxxxx and any extra costs pursuant to Section 4 in proportion to the share of the Working Interest owned by the Developer in the xxxxx with respect to all initial xxxxx. It is understood and agreed that, subject to sub-section (e) below, Developer does not reserve the right to decline participation in the drilling of any of the initial xxxxx to be drilled under this Agreement.
Appears in 1 contract
Samples: Drilling and Operating Agreement (Atlas Resources Series 28-2010 L.P.)