Ownership, Obligations and Liabilities. (A) Unless otherwise provided in this Agreement, all the rights and interests in and under the Contract, all Joint Property, and any Hydrocarbons produced from the Contract Area shall, subject to the terms of the Contract, be owned by the Parties in accordance with their respective Participating Interests.
Appears in 4 contracts
Samples: Purchase and Sale Agreement (Hyperdynamics Corp), Operating Agreement (Hyperdynamics Corp), Operating Agreement (Fortune Oil & Gas Inc)
Ownership, Obligations and Liabilities. (A) Unless otherwise provided in this Agreement, all the rights and interests in and under the Contract, all Joint Property, and any Hydrocarbons Petroleum produced from the Contract Area shall, subject to the terms of the Contract, be owned by the Parties in accordance with their respective Participating Interests.
Appears in 4 contracts
Samples: Overriding Royalty Agreement (Bontan Corp Inc), Overriding Royalty Agreement (Bontan Corp Inc), Joint Operating Agreement (Geoglobal Resources Inc.)
Ownership, Obligations and Liabilities. (Aa) Unless otherwise provided in this Agreement, all the rights and interests in and under the Contract, all Joint Property, Property and any Hydrocarbons produced from the Contract Area shall, subject to the terms of the Contract, be owned by the Parties in accordance with their respective Participating Interests.
Appears in 3 contracts
Samples: www.sec.gov, resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)
Ownership, Obligations and Liabilities. (A) Unless otherwise provided in this Agreement, all the rights and interests in and under this Agreement and the ContractLicence, all Joint Property, and any Hydrocarbons Petroleum produced from the Contract Area shall, subject to the terms of the ContractLicence, be owned by the Parties in accordance with proportion to their respective Participating Interests.
Appears in 2 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement
Ownership, Obligations and Liabilities. (A) Unless otherwise provided in this Agreement, all the rights and interests in and under the Contract, all Joint Property, Property and any Hydrocarbons produced from the Contract Area shall, subject to the terms of the Contract, be owned by the Parties in accordance with their respective Participating Interestsinterests.
Appears in 2 contracts
Samples: Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)
Ownership, Obligations and Liabilities. (A) Unless otherwise provided in this Agreement, all the rights rights, and interests in and under the ContractConcession, all Joint Property, Property and any Hydrocarbons produced from the Contract Concession Area shall, subject to the terms of the ContractConcession, be owned by the Parties in accordance with their respective Participating Interests.
Appears in 1 contract
Samples: Agreement (Abacan Resource Corp)
Ownership, Obligations and Liabilities. (A) 3.3.A Unless otherwise provided in this Agreement, all the rights and interests in and under the Contract, to all Joint Property, and any Hydrocarbons Petroleum produced from the Contract Area shall, subject to the terms of the Contract, be owned by the Parties in accordance with proportion to their respective Participating Working Interests.
Appears in 1 contract
Ownership, Obligations and Liabilities. (A) Unless otherwise provided in this Agreement, all the rights and interests of the Contractor (as defined in the Contract) in and under the Contract, all Joint Property, and any Hydrocarbons produced from the Contract Area shall, subject to the terms of the Contract, be owned by the Parties in accordance with their respective Participating Interests.
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