Common use of Obligation to Drill Clause in Contracts

Obligation to Drill. Chesapeake shall, subject to the terms of this Article II, drill or cause to be drilled, or participate as a non-operator in the drilling of, such number of Development Xxxxx as is necessary to achieve the Total Drilling Target on or prior to June 30, 2016.

Appears in 4 contracts

Samples: Development Agreement, Development Agreement (Chesapeake Granite Wash Trust), Development Agreement (Chesapeake Granite Wash Trust)

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