PARTICULAR POWERS AND DUTIES Sample Clauses
PARTICULAR POWERS AND DUTIES. The matters to be passed upon and decided by the Parties as provided herein or in the Agreement shall include, but not be limited to, the following:
A. The appointment, removal and selection of successor Operators.
B. The enlargement or contraction of the Area.
C. The subsequent joinder of any Working Interest Owner to this Agreement
D. The kind, character and method of operation, including any type of pressure maintenance or secondary recovery.
E. The drilling of any well within the Area either to recover Production or for use as an injection Well, or for other purposes.
F. The recompletion, workover, abandonment, or change of status of any well in the Area or use of any such well for injection or other purposes.
G. The making of any single expenditure in excess of One Hundred Thousand Dollars ($100,000.00), except in the case of an emergency involving the preservation of life, environment or property.
H. The selling or otherwise disposing of any major item of surplus material or equipment, the current list price of new equipment similar thereto being Five Thousand Dollars ($5,000.00) or more; provided, however, surplus material or equipment classified as junk may be disposed of by Operator at prevailing prices.
I. The authorizing of charges to the joint account for services by consultants or any Party's technical personnel not covered by the charges set forth in Exhibit "C".
J. The taking of periodic inventories under the terms of Exhibit "C".
K. The designation of a representative to appear before any court or regulatory body in matters pertaining to operations hereunder, provided, however, that such designation shall not prevent a Party from appearing in person or from designating another representative in its behalf and at its own expense.
PARTICULAR POWERS AND DUTIES. The matters to be passed upon and decided by the Parties as provided herein or in the Unit Agreement shall include, but not be limited to, the following:
A. The appointment, removal and selection of successor Unit Operators and Sub-Operators.
B. The enlargement or contraction of the Unit Area or a WIPA.
C. The determination of Basic Participating Interests.
D. The subsequent joinder of any Working Interest owner to this Agreement or to the Unit Agreement.
E. The appointment of committees or subcommittees and the designation of their duties, for any purpose in connection with operations hereunder; provided, however, each Party shall have the right to representation on each such committee or sub-committee.
F. The kind, character and method of operation, including any type of pressure maintenance or secondary recovery program to be employed.
G. The adoption or submission of any plan of further development and operation of the Unit Area to the Director, Commissioner, or any regulatory body.
H. Except as otherwise provided herein or in the Unit Agreement, the drilling of any well within the Unit Area either for production of Unitized Substances, for use as an injection well, or for other purposes.
I. The recompletion, workover, abandonment, or change of status of any well in any WIPA or RIPA or use of any such well for injection or other purposes.
J. The making of any single expenditure in excess of One Hundred Thousand Dollars ($100,000.00) except in the case of an emergency involving the preservation of life or property. (Amended 10/6/75, 1/1/90)
K. The selling or otherwise disposing of any major item of surplus material or equipment, the current list price of new equipment similar thereto being Five Thousand Dollars ($5,000.00) or more; provided, however, surplus material or equipment classified as junk may be disposed of by Unit Operator or the applicable Sub-Operator at prevailing prices.
L. The authorizing of charges to the joint account for services by consultants or any Party's technical personnel not covered by the charges set forth in Exhibit "C".
M. The taking of periodic inventories under the terms of Exhibit "C".
N. The designation of a representative to appear before any court or regulatory body in matters pertaining to operations hereunder; provided, however, that such designation shall not prevent a Party from appearing in person or from designating another representative in its behalf and at its own expense.
PARTICULAR POWERS AND DUTIES. 6 ARTICLE V