Common use of Plugging and Abandonment Clause in Contracts

Plugging and Abandonment. Seller has not abandoned, or agreed to abandon, any xxxxx included in the Assets operated by Seller or its Affiliates since the Effective Time and to Seller’s Knowledge there are no dry holes, or otherwise inactive xxxxx, located on the Lands, other than xxxxx that have been or will be prior to Closing properly plugged and abandoned.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

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Plugging and Abandonment. Neither Seller has not abandoned, or agreed to abandon, any xxxxx included in the Assets operated by Seller or its Affiliates since the Effective Time and and, to each such Seller’s Knowledge knowledge, there are no dry holes, or otherwise inactive xxxxx, located on the Lands, other than xxxxx that have been or will be prior to Closing properly plugged and abandoned.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)

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Plugging and Abandonment. Seller has not abandoned, or agreed to abandon or received any pending demands to abandon, any xxxxx included in the Assets operated by Seller or its Affiliates since the Effective Time and to Seller’s Knowledge knowledge there are no dry holes, or otherwise inactive xxxxx, holes located on the Lands, other than xxxxx that have been or will be prior to Closing properly plugged and abandoned.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

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