Common use of Obligation Xxxxx Clause in Contracts

Obligation Xxxxx. The xxxxx will be drilled from a common well pad and will be the Xxxxxx #3-25 well, located in XXXX Xxxxxxx 00, X0X X00X, a vertical well bore and the Xxxxxxxx #3-25 well, located in XXXX Xxxxxxx 00, X0X X00X; directional well bore to test the Niobrara formation.

Appears in 3 contracts

Samples: Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.)

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Obligation Xxxxx. The xxxxx will be drilled from a common well pad and will be the Xxxxxx #3-25 well, located in XXXX Xxxxxxx 00, X0X X00X, a vertical well bore and the Xxxxxxxx #3-25 well, located in XXXX Xxxxxxx 00, X0X X00X; directional well bore to test the Niobrara formationformation at approximately, 7850 feet TVD.

Appears in 3 contracts

Samples: Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.)

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