Joint Operating Agreement. (JOA) Within six (6) months from the Effective Date, the Participants shall enter into the Joint Operating Agreement which shall embody the principles stipulated in this JOA Heads of Agreement and it may include such other provisions as customarily used by international petroleum industry and shall continue in effect as long as the Contract is in effect. (End of Addendum One)
Joint Operating Agreement. In the event there is more than one (1) Contractor Party, a joint operating agreement between the entities shall be executed within ninety (90) days of the Effective Date and submitted to the Minister for his information. Contractor shall also supply to the Minister for his information any other agreements executed by the entities comprising Contractor relating to the conduct of Petroleum Operations under this Contract within ten (10) days of execution of such agreements. Changes made to any of these agreements shall be submitted to the Minister for his information within ten (10) days of the execution of such changes.
Joint Operating Agreement. LEEXUS OIL and PARTICIPANT (NON-OPERATOR) agree to add, amend, ratify the current Master Joint Operating Agreement (“Master JOA”) with XXXXX Joint Accounting Procedure, originally signed and dated September 9, 2008, and contemporaneously herewith, designating LEEXUS OIL L.L.C. as Operator of the XXXXX. PARTICIPANT (NON-OPERATOR) will be responsible and liable for paying their proportionate share of any and all monthly operating costs, rework costs or any and all other costs as may be incurred as a result of conducting operations in accordance with the Master JOA as of the effective date and thereafter. In the event of any conflict between the provisions of the Joint Operating and this Letter Agreement, both parties agree the terms of this Letter Agreement shall control.
Joint Operating Agreement. Within forty-five (45) days following the Effective Date, the Contractor shall provide the Ministry with a draft of the Joint Operating Agreement which shall be based upon the current model form operating agreement from the Association of International Petroleum Negotiators (AIPN). The Joint Operating Agreement and all amendments thereto shall be subject to the prior approval of the Ministry. The identity of the Technical Operator and any change thereto shall be subject to the prior approval of the Ministry in accordance with the Hydrocarbons Law. The National Company shall be appointed as the Administrative Operator under the Joint Operating Agreement.
Joint Operating Agreement. At such time each ITW reaches Casing Point and Ridgewood earns the interest set forth herein, the relationship of the Parties shall henceforth be governed by the Joint Operating Agreement attached hereto as Exhibit "C". Such JOA shall be deemed a separate agreement for each Lease and at such time as Ridgewood has earned a Lease in accordance with 4 above, LLOG and Ridgewood shall enter into a JOA covering such earned Lease. Such separate JOA shall be identical to the JOA executed herein but in the case where other parties (which parties are listed on Exhibit "A" to the JOA) are participating in the Lease, LLOG shall attempt to have such parties execute the same JOA.
Joint Operating Agreement. The Parties shall execute, acknowledge and deliver a Joint Operating Agreement substantially in the form of Exhibit C, naming Eternal as Operator (the “Joint Operating Agreement”) and a memorandum of the same in recordable form.
Joint Operating Agreement. The contractor will provide the Ministry with a copy of the draft Joint Operating Agreement (JOA) no later than … (…) days after the Effective Date, linking the entities making up the Contractor group, and naming the entity designated as the Operator.
Joint Operating Agreement. (a) Prior to the commencement of operations for each well to be drilled by Atlas or Reliance on the Joint Interests, to the extent Reliance is a Development Operator of such Joint Interest, the Parties will enter into a JOA for each Drilling Unit or all or any portion of the Joint Interests relating to such well or xxxxx, as applicable, that is not subject to a third party operating agreement (a “Third Party Agreement”), or a joint operating agreement previously entered into by the Parties, as of the date such well is proposed. Each Party, acting in its capacity as a Development Operator pursuant to the terms of this Agreement, will propose that the Parties enter into XXXx in a reasonably efficient manner as the Development Operator shall determine, taking into account the aggregate acreage to be contributed by the Joint Interests to such JOA area and the various interests in such contributed acreage.
Joint Operating Agreement. 2.3.1 On the Signing Date, Sellers shall procure that BPZ E&P and Newco execute and deliver the JOA.
Joint Operating Agreement. All operations on the leased lands within the AMI shall be governed by a mutually acceptable Joint Operating Agreement with, among other attachments, a XXXXX Accounting Procedure. The said Joint Operating Agreement and Accounting Procedure is attached hereto as Exhibit ”B”. For the purpose of determining Operator’s reimbursable costs and expenses for any well in which Operator retains a working interest, the said XXXXX Accounting Procedure, as herein modified, shall control. In the event of a conflict between the provisions of the Operating Agreement and/or the Accounting Procedure and this Agreement, the terms of the latter shall control.
