Common use of Plugging Obligations Clause in Contracts

Plugging Obligations. To Seller’s Knowledge, except for Xxxxx listed on Schedule 4.1(q) and except for Xxxxx that, to Seller’s Knowledge, have been properly plugged and abandoned or that Seller is not currently obligated to plug or abandon, there are no dry holes, shut in Xxxxx or otherwise inactive Xxxxx that are located on the Properties or on lands pooled or unitized therewith.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp), Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

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Plugging Obligations. To Seller’s Knowledge, except for Xxxxx xxxxx listed on Schedule 4.1(q) and 6.16, there are no dry holes, or shut in or otherwise inactive xxxxx, located on the Assets or on lands pooled or unitized therewith, except for Xxxxx xxxxx that, to Seller’s Knowledge, have been properly plugged and abandoned or that Seller is not currently obligated to plug or abandon, there are no dry holes, shut in Xxxxx or otherwise inactive Xxxxx that are located on the Properties or on lands pooled or unitized therewith.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

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