Common use of Plugging Obligations Clause in Contracts

Plugging Obligations. Except for xxxxx listed in Schedule 5.14, there are no dry holes, shut in, or otherwise inactive xxxxx, located on the Assets or lands pooled, communitized, or unitized therewith that Seller has either the obligation to plug and abandon in accordance with an applicable operating agreement or Law or as to Xxxxx for which Seller is not the operator, received a written proposal to plug and abandon.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (St Mary Land & Exploration Co), Purchase and Sale Agreement (Legacy Reserves Lp)

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Plugging Obligations. Except for xxxxx listed in Schedule 5.14, there are no dry holes, shut in, or otherwise inactive xxxxx, located on the Assets or lands pooled, communitized, or unitized therewith that Seller has either the obligation to plug and abandon in accordance with an applicable operating agreement or Law or as to Xxxxx for which Seller is not the operator, received a written proposal to plug and abandon. All xxxxx that are shut in or temporarily inactive are in compliance with all applicable Laws for which Seller plans to use such well in the future.

Appears in 1 contract

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)

Plugging Obligations. Except for xxxxx listed in Schedule 5.14, there are no dry holes, or shut in, in or otherwise inactive xxxxx, located on the Assets or lands pooled, communitized, pooled or unitized therewith that Seller has either the obligation to plug and abandon in accordance with an applicable operating agreement or Law or as to Xxxxx for which Seller is not the operator, received a written proposal to plug and abandon.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Abraxas Energy Partners LP)

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Plugging Obligations. Except for xxxxx wxxxx listed in Schedule 5.14, there are no dry holes, or shut in, in or otherwise inactive xxxxxwxxxx, located on the Assets or lands pooled, communitized, pooled or unitized therewith that Seller has either the obligation to plug and abandon in accordance with an applicable operating agreement or Law or as to Xxxxx Wxxxx for which Seller is not the operator, received a written proposal to plug and abandon.

Appears in 1 contract

Samples: Purchase and Sale Agreement (St Mary Land & Exploration Co)

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