Operations by All Parties. Any PARTY may propose an EXPLORATORY WELL by notifying the other PARTIES. If all the PARTIES agree to participate in drilling the proposed well, OPERATOR shall drill same for the benefit of all PARTIES.
Appears in 2 contracts
Samples: Undivided Interest Agreement (Beta Oil & Gas Inc), Oil and Gas Lease Agreement (Beta Oil & Gas Inc)
Operations by All Parties. Any PARTY may propose an EXPLORATORY XXXXXRATORY WELL by notifying the other PARTIES. If all the PARTIES agree to participate in drilling the proposed well, OPERATOR shall drill same such well for the benefit of all PARTIES.
Appears in 1 contract
Operations by All Parties. Any PARTY Party may propose proposx xxx drilling of an EXPLORATORY WELL Exploratory Well by notifying the other PARTIESParties. If all of the PARTIES Parties agree to participate in the drilling of the proposed well, OPERATOR Operator shall proceed to drill same such well for the benefit account of all PARTIESParties.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Enengy K Fund LLC)
Operations by All Parties. Any PARTY may propose an EXPLORATORY xx XXPLORATORY WELL by notifying the other PARTIES. If all the PARTIES agree to participate in drilling the proposed well, OPERATOR shall drill same for the benefit of all PARTIES.
Appears in 1 contract
Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC)
