Common use of Plugging and Abandonment Clause in Contracts

Plugging and Abandonment. Except for xxxxx listed in Schedule 4.10 of the Seller Disclosure Schedule, there are no dry holes, or shut in or otherwise inactive xxxxx, drilled by Seller, or to Seller’s Knowledge, any other party, located on the Oil and Gas Properties or on lands pooled or unitized therewith, except for xxxxx that have been plugged and abandoned, and except for xxxxx drilled to depths not included within the Oil and Gas Properties or within units in which the Oil and Gas Properties participate which have never been completed in such depths.

Appears in 3 contracts

Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Vanguard Natural Resources, LLC), Asset Purchase and Sale Agreement (Vanguard Natural Resources, LLC)

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Plugging and Abandonment. Except for xxxxx listed in Schedule Section 4.10 of the Seller Disclosure Schedule, there are no dry holes, or shut in or otherwise inactive xxxxx, drilled by Seller, or to Seller’s Knowledge, any other party, located on the Oil and Gas Properties or on lands pooled or unitized therewith, except for xxxxx that have been plugged and abandoned, and except for xxxxx drilled to depths not included within the Oil and Gas Properties or within units in which the Oil and Gas Properties participate which have never been completed in such depths.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (EV Energy Partners, LP)

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Plugging and Abandonment. Except for xxxxx listed in Schedule Section 4.10 of the Seller Seller's Disclosure Schedule, there are no dry holes, or shut in or otherwise inactive xxxxx, drilled by Seller, or to Seller’s Knowledge, any other party, located on the Oil and Gas Properties or on lands pooled or unitized therewith, except for xxxxx that have been plugged and abandoned, and except for xxxxx drilled to depths not included within the Oil and Gas Properties or within units in which the Oil and Gas Properties participate which have never been completed in such depths.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Swift Energy Co)

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