Common use of Priority of Operations Clause in Contracts

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two (2) or more Participating Parties having a combined Working Interest of fifty-one percent (51 %) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate the order of preference.) 1 Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two (2) or more Participating Parties having a combined Working Interest of fifty-one percent (51 51%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate Indicate the order of preference.) 1 Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.) 2 Complete at the Objective Horizon

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. risk If more than one (1) operation is approved by two (2) or more Participating Parties having a combined Working Interest of fifty-one fifty percent (51 50%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate the order of preference.): 1 1. Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.) 2. Complete at the deepest Objective Horizon.

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. ' If more than one (1) operation is approved by two one (21) or more Participating Parties having a combined Working Interest of fifty-one twenty percent (51 20%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate Indicate the order of preference.) 1 Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two one (21) or more Participating Parties having a combined Working Interest of fifty-one forty percent (51 40%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate the order of preference.): 1 1) Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two one (21) or more Participating Parties having a combined Working Interest of fiftyforty-one five percent (51 45%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate Indicate the order of preference.) 1 Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two one (21) or more Participating Parties having a combined Working Interest of fifty-one twenty percent (51 20%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate Indicate the order of preference.) 1 Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two __________ (2___) or more Participating Parties having a combined Working Interest of fifty-one __________ percent (51 ___%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate Indicate the order of preference.) 1 ) _____Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)

Priority of Operations. If all Participating Parties elect to participate in the same proposed operation, Operator shall conduct the operation at their cost and risk. If more than one (1) operation is approved by two (2) or more Participating Parties having a combined Working Interest of fiftyforty-one five percent (51 45%) or more, then the approved operation with the lowest number as indicated below shall take precedence: (indicate the order of preference.) 1 Additional Testing, coring, or logging. (If conflicting proposals are approved, the proposal receiving the largest percentage of Working Interest approval shall take precedence, and in the event of a tie between two (2) or more approved proposals, the approved proposal first received by the Parties shall take precedence.)