Common use of Plugging and Abandonment Clause in Contracts

Plugging and Abandonment. To the best knowledge of Seller, ------------------------ there are no dry holes, or shut in or otherwise inactive xxxxx, located on the Oil and Gas Properties or on lands pooled or unitized therewith (including any xxxxx which would, if located in Texas, require compliance with Railroad Commission Rule 14(b)(2)), except for xxxxx that have been properly 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: Purchase and Sale Agreement (Aroc Inc), Purchase and Sale Agreement (Aroc Inc), Purchase and Sale Agreement (Aroc Inc)

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Plugging and Abandonment. To the best knowledge of Seller, ------------------------ there There are no dry holes, or shut ------------------------ in or otherwise inactive xxxxx, located on the Oil and Gas Properties or on lands pooled or unitized therewith (including any xxxxx which would, if located in Texas, require compliance with Railroad Commission Rule 14(b)(2)), except for xxxxx that have been properly 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: Purchase and Sale Agreement (Aroc Inc)

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