Plan of Exploration for the Proposed Placer Unit Sample Clauses

Plan of Exploration for the Proposed Placer Unit. The WIO provided technical data sufficient to delineate one potential hydrocarbon accumulation under consideration, committed their lease interest to the proposed unit, and submitted a two-year Initial XXX. See Attachment 3. The two-year Initial XXX, Exhibit G, for the proposed PLU establishes the work obligation that the WIO must meet in order for the proposed unit to remain in good standing. The term of the Initial XXX commences on the effective date of the PLU Agreement, September 8, 2011, and ends on September 7, 2013. The terms of the Initial XXX will require the following:
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