Common use of Obligation to unitize Clause in Contracts

Obligation to unitize. If any Hydrocarbon bearing reservoir lying within the Contract Area extends beyond such area, the Contractor must carry out all Development and Production in respect of such Hydrocarbon bearing reservoir in accordance with the Hydrocarbons Law. The Contractor shall use all reasonable endeavors to reach a mutually acceptable unitization agreement and program with all other affected Persons.

Appears in 4 contracts

Samples: Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.)

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