Existing Xxxxx. Nytis shall reserve and retain the wellbores and Approved Spacing Units of all existing Xxxxx spudded prior to the Effective Date in the New Area, all of which are identified on Exhibit F attached hereto (the “Existing Xxxxx”), the production therefrom, and all equipment and facilities exclusively associated therewith. Nytis will assume all liabilities associated therewith and indemnify Liberty therefrom.
Appears in 2 contracts
Samples: Participation Agreement (Carbon Natural Gas Co), Participation Agreement (Carbon Natural Gas Co)
Existing Xxxxx. Nytis shall reserve and retain the wellbores and Approved Spacing Units of all existing Xxxxx spudded prior to the Effective Date in the New Contract Area, all of which are identified on Exhibit F attached hereto (the “Existing Xxxxx”), the production therefrom, and all equipment and facilities exclusively associated therewith. Nytis will assume all liabilities associated therewith and indemnify Liberty therefrom.
Appears in 2 contracts
Samples: Participation Agreement (Carbon Natural Gas Co), Participation Agreement (Carbon Natural Gas Co)