OIL AND GAS RIGHTS. Where there are state-owned natural gas storage rights and state-owned oil and gas rights under lease, the liquid hydrocarbons recovered and sold in association with underground natural gas storage operations shall continue to be subject to the provisions of the existing oil and gas lease(s). If the oil and gas rights are not under lease, an oil and gas lease will be negotiated either at the same time as the underground natural gas storage lease or prior to field development.
OIL AND GAS RIGHTS. Oil and Gas Rights in and to each separate tract shall no longer be affected by this agreement, and thereafter the parties shall be governed by the terms and provisions of the leases, contracts, and other instruments affecting the separate Tracts.
OIL AND GAS RIGHTS. (a) Each member of the Southern Gas Group and their predecessors have complied with all laws, rules and regulations promulgated by all federal, state, and local governmental authorities of the Russian Federation with jurisdiction over all oil, gas or other hydrocarbon properties, licenses, concessions or other rights with respect to exploration, drilling, production or transportation of any and all oil, gas and other hydrocarbon products in which Southern Gas has a direct or indirect interest (collectively, the "Oil and Gas Rights"), except for such noncompliance as would not have a Material Adverse Effect.
OIL AND GAS RIGHTS. Defined in the Unit Operating Agreement.
OIL AND GAS RIGHTS. (NOTE: Oil and gas rights can be severed from the title to real property by conveyance (deed) of the oil and gas rights from the owner or by reservation of the oil and gas rights by the owner. If oil and gas rights are or will be severed from the property, the owner of those rights may have the perpetual right to drill, mine, explore, and remove any of the subsurface oil or gas resources on or from the property either directly from the surface of the property or from a nearby location.) With regard to the severance of oil and gas rights, Seller makes the following disclosures: Yes No No Representation
OIL AND GAS RIGHTS. This Lease shall not be deemed to grant to LESSEE any rights to or interests in any oil or natural gas located under the Landfill which is not produced by the Landfill.
