Common use of Order of Preference of Operations Clause in Contracts

Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (or twenty-four (24) hours for Urgent Operational Matters) from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operation. Such alternative proposal shall contain the information required under Article 7.2(A).

Appears in 10 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Purchase and Sale Agreement (Hyperdynamics Corp)

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Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (days, or twenty-four (24) hours for Urgent Operational Matters) if the drilling rig to be used is standing by in the Contract Area, from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operationoperation such Party's alternative proposal. Such alternative proposal shall contain the information required under Article 7.2(A15.2(A).

Appears in 2 contracts

Samples: www.sec.gov, Joint Operating Agreement (Geoglobal Resources Inc.)

Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (Days, or twenty-four (24) hours for Urgent Operational Matters) if the drilling rig to be used is standing by in the Contract Area, from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operation. Such alternative proposal shall contain the information required under Article 7.2(A).operation such Party’s alternative

Appears in 2 contracts

Samples: Joint Operating Agreement, Operating Agreement (Kosmos Energy Ltd.)

Order of Preference of Operations. (A) 10.6.1 Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Risk Operation, such Party shall have the right exercisable for five (5) Days (days, or twenty-twenty four (24) hours for Urgent Operational Matters) if the drilling rig to be used is standing by in the License Area, from receipt of the proposal for the Exclusive Risk Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operation. Such operation such Party's alternative proposal shall contain the information required under Article 7.2(A)proposal.

Appears in 2 contracts

Samples: Joint Operating Agreement (Avenue Group Inc), Joint Operating Agreement (Avenue Group Inc)

Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (Days, or twenty-four (24) hours for Urgent Operational Matters) if the drilling rig or seismic vessel to be used is standing by under contract in the Contract Area, from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operationoperation such Party’s alternative proposal. Such alternative proposal shall contain the information required under Article 7.2(A).

Appears in 2 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)

Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (or twenty-four (24) hours for Urgent Operational Matters) from receipt of the proposal for the Exclusive Operation, to deliver such Party’s 's alternative proposal to all Parties entitled to participate in the proposed operation. Such alternative proposal shall contain the information required under Article 7.2(A).

Appears in 1 contract

Samples: Joint Operating Agreement (Calibre Energy, Inc.)

Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (Days, or twenty-four (24) hours for Urgent Operational Matters) if the drilling rig to be used is standing by in the Contract Area, from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operationoperation such Party's alternative proposal. Such alternative proposal shall contain the information required under Article 7.2(A).

Appears in 1 contract

Samples: Agreement (Abacan Resource Corp)

Order of Preference of Operations. (A) 7.6.A Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (or twenty-four twenty‑four (24) hours for Urgent Operational Matters) from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operation. Such alternative proposal shall contain the information required under Article 7.2(A).7.2.A.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

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Order of Preference of Operations. (A7.6(A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (Days, or twenty-four (24) hours for Urgent Operational Matters) , from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operationoperation such Party’s alternative proposal. Such alternative proposal shall contain the information required under Article 7.2(A).

Appears in 1 contract

Samples: Joint Operating Agreement (BPZ Resources, Inc.)

Order of Preference of Operations. (Aa) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (Days, or twenty-four (24) hours for Urgent Operational Matters) if the drilling rig or seismic vessel to be used is standing by under contract in the Contract Area, from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operationoperation such Party’s alternative proposal. Such alternative proposal shall contain the information required under Article 7.2(A8.2(a).

Appears in 1 contract

Samples: Asset Purchase Agreement (AsherXino Corp)

Order of Preference of Operations. (Aa) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five ten (510) Days (or twenty-four (24) hours for Urgent Operational Matters) from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operation. Such alternative proposal shall contain the information required under Article 7.2(Aclause 7.2(a).

Appears in 1 contract

Samples: Farmout Agreement (Hyperdynamics Corp)

Order of Preference of Operations. (A) Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (Days, or twenty-four (24) hours for Urgent Operational Matters) if the drilling rig to be used is standing by in the Contract Area, from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operationoperation such Party’s alternative proposal. Such alternative proposal shall contain the information required under Article 7.2(A).

Appears in 1 contract

Samples: Joint Operating Agreement

Order of Preference of Operations. (A) 7.6.A Except as otherwise specifically provided in this Agreement, if any Party desires to propose the conduct of an operation that will conflict with an existing proposal for an Exclusive Operation, such Party shall have the right exercisable for five (5) Days (or twenty-four (24) hours for Urgent Operational Matters) from receipt of the proposal for the Exclusive Operation, to deliver such Party’s alternative proposal to all Parties entitled to participate in the proposed operation. Such alternative proposal shall contain the information required under Article 7.2(A).7.2.A.

Appears in 1 contract

Samples: Joint Operating Agreement (Discovery Energy Corp.)

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