Owner's Reservations Sample Clauses
Owner's Reservations. Owner reserves the following rights and, together with reasonable quantities of gas to satisfy same such rights ("Owner’s Reservations"):
(a) to operate Owner's Reserves ▇▇▇▇▇ in the Reserve Commitment Area as a reasonably prudent Operator, provided, in the event Owner should commence operator and as otherwise required by any lease or other agreement; provided however, if Owner commences gas flow from a new well, or the repair or engages in repairing, reworking, or plugging of any well, notice of same shall be given to Gatherer no later than five business Days prior thereto; and any well in the Reserve Commitment Area, Owner shall give notice to Gatherer at least five (5) Days prior thereto if possible, and if said five (5) Days notice is not possible, then Owner shall give Gatherer notice as soon as possible;
(b) to separate or process the gas using only mechanical, ambient temperature equipment located at surface production facilities at the well location; and
(c) to use gas produced from Owner's Reserves for operating Owner's Reserves; and the Reserve Commitment Area for operational purposes;
Owner's Reservations. Owner reserves the following rights and quantities of Gas necessary to satisfy same as determined by Owner in its sole and reasonable discretion (“Owner’s Reservations”):
a. to operate as a reasonably prudent operator, provided, in the event Owner should commence Gas flow from a new well, or work to repair, rework, or plug any well, Owner will use its commercially reasonable efforts to provide reasonable notice of same to Gatherer; and
b. to separate or process the Gas using only mechanical, ambient temperature equipment located at surface production facilities at the well location; and
c. to pod, pool, communitize or unitize Owner’s Reserves, in which event this Agreement shall cover Owner’s interests therein.
Owner's Reservations. Owner reserves the following rights and reasonable quantities of gas to satisfy same ("Owner’s Reservations"):
a. to operate Owner's Reserves as a prudent Operator and use gas for its operations ; and
b. to separate or process the gas using only mechanical equipment located at surface production facilities at the well location; and
c. to pool, communitize or unitize Owner's Reserves, in which event this Agreement shall cover Owner's interests therein.
Owner's Reservations