Common use of Operating Clause in Contracts

Operating. Percent (%) of the cost of Operating the Joint Property exclusive of costs provided under Paragraphs 1 and 9 of Section II, all salvage credits, the value of injected substances purchased for secondary recovery and all taxes and assessments which are levied, assessed and paid upon the mineral interest in and to the Joint Property COPAS-1986-OFFSHORE Recommended by the Council of Petroleum Accountants Societies

Appears in 2 contracts

Samples: Offshore Operating Agreement (Ridgewood Enengy K Fund LLC), Offshore Operating Agreement (Ridgewood Energy L Fund LLC)

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Operating. Percent (____%) of the cost of Operating the Joint Property exclusive of costs provided under Paragraphs 1 and 9 of Section II, all salvage credits, the value of injected substances purchased for secondary recovery and all taxes and assessments which are levied, assessed and paid upon the mineral interest in and to the Joint Property COPAS-1986-OFFSHORE Recommended by the Council of Petroleum Accountants SocietiesProperty.

Appears in 2 contracts

Samples: Joint Operating Agreement (Ridgewood Enengy K Fund LLC), Joint Operating Agreement (Ridgewood Energy K Fund LLC)

Operating. Percent (%) of the cost of Operating operating the Joint Property exclusive of costs provided under Paragraphs 1 2 and 9 10 of Section II, all salvage credits, the value of injected substances purchased for secondary recovery and all taxes and assessments which are levied, assessed and paid upon the mineral interest in and to the Joint Property COPAS-1986-OFFSHORE Recommended by the Council of Petroleum Accountants SocietiesProperty.

Appears in 1 contract

Samples: Operating Agreement (Alamo Energy Corp.)

Operating. Ten Percent (10%) of the cost of Operating operating the Joint Property exclusive of costs provided under Paragraphs 1 2. and 9 10. of Section II., all salvage credits, the value of injected substances purchased for secondary recovery and all taxes and assessments which are levied, assessed assessed, and paid upon on the mineral interest in and to the Joint Property COPAS-1986-OFFSHORE Recommended by the Council of Petroleum Accountants SocietiesProperty.

Appears in 1 contract

Samples: Operating Agreement (RICHFIELD OIL & GAS Co)

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Operating. Percent (__%) of the cost of Operating the Joint Property exclusive of costs provided under Paragraphs 1 I and 9 of Section II, all salvage credits, the value of injected substances purchased for secondary recovery and all taxes and assessments which are levied, assessed and paid upon the mineral interest in and to the Joint Property COPAS-1986-OFFSHORE Recommended by the Council of Petroleum Accountants SocietiesProperty.

Appears in 1 contract

Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)

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