Common use of Obligation to Drill Clause in Contracts

Obligation to Drill. XxxxXxxxx shall, subject to the terms of Section 2.01(b) and the rest of this Article II, drill or cause to be drilled such number of Development Xxxxx that is necessary to achieve the Total Drilling Target on or prior to December 31, 2014.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement (SandRidge Mississippian Trust I), Development Agreement (Sandridge Energy Inc)

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Obligation to Drill. XxxxXxxxx shall, subject to the terms of Section 2.01(b) and the rest of this Article II, drill or cause to be drilled such number of Development Xxxxx that is necessary to achieve the Total Drilling Target on or prior to December March 31, 20142015.

Appears in 3 contracts

Samples: Development Agreement (SandRidge Permian Trust), Development Agreement (Sandridge Energy Inc), Development Agreement (SandRidge Permian Trust)

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Obligation to Drill. XxxxXxxxx shall, subject to the terms of Section 2.01(b) and the rest of this Article II, drill or cause to be drilled such number of Development Xxxxx that is necessary to achieve the Total Drilling Target on or prior to December 31, 20142016.

Appears in 3 contracts

Samples: Development Agreement (Sandridge Energy Inc), Development Agreement (SandRidge Mississippian Trust II), Development Agreement (SandRidge Mississippian Trust II)

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