Common use of Procedure to Propose Exclusive Operations Clause in Contracts

Procedure to Propose Exclusive Operations. (A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C). Such notice shall specify that such operation is proposed as an Exclusive Operation and include the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 10 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Purchase and Sale Agreement (Hyperdynamics Corp)

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Procedure to Propose Exclusive Operations. (A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C). Such notice shall specify that such operation is proposed as an Exclusive Operation and include Operation, the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 5 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)

Procedure to Propose Exclusive Operations. (Aa) Subject to Article Clause 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(BClauses 7.4(b) or Article 7.4(F7.4(f) and have no option to reinstate such rights under Article 7.4(CClause 7.4(c). Such notice shall specify that such operation is proposed as an Exclusive Operation and include Operation, the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 3 contracts

Samples: www.sec.gov, resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)

Procedure to Propose Exclusive Operations. (Aa) Subject to Article clause 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(Bclause 7.4(b) or Article 7.4(Fclause 7.4(f) and have no option to reinstate such rights under Article 7.4(Cclause 7.4(c). Such notice shall specify that such operation is proposed as an Exclusive Operation and include the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: Farmout Agreement (Hyperdynamics Corp)

Procedure to Propose Exclusive Operations. (Aa) Subject to Article 7.18.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Non- Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B8.4(b) or Article 7.4(F8.4(f) and have no option to reinstate such rights under Article 7.4(C8.4(c). Such notice shall specify that such operation is proposed as an Exclusive Operation and include Operation, the work to be performed, the location, the objectives, objectives and estimated cost of such operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (AsherXino Corp)

Procedure to Propose Exclusive Operations. (A) 7.2.A Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to under Article 7.4(B) 7.4.B or Article 7.4(F) 7.4.F and have no option to reinstate such rights under Article 7.4(C). 7.4.C. Such notice shall specify that such operation is proposed as an Exclusive Operation and include the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: Joint Operating Agreement (Discovery Energy Corp.)

Procedure to Propose Exclusive Operations. (A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C). Such notice shall specify that such operation is proposed as an Exclusive Operation and include the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: Operating Agreement (Geoglobal Resources Inc.)

Procedure to Propose Exclusive Operations. (A7.2(A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C). Such notice shall specify that such operation is proposed as an Exclusive Operation Operation, and shall include the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: Joint Operating Agreement (BPZ Resources, Inc.)

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Procedure to Propose Exclusive Operations. (A) 7.2.A Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Non‑Consenting Parties who have relinquished their rights to participate in such operation pursuant to under Article 7.4(B) 7.4.B or Article 7.4(F) 7.4.F and have no option to reinstate such rights under Article 7.4(C). 7.4.C. Such notice shall specify that such operation is proposed as an Exclusive Operation and include the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: Joint Operating Agreement (CAMAC Energy Inc.)

Procedure to Propose Exclusive Operations. (A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C7.4(D). Such notice shall specify that such operation is proposed as an Exclusive Operation and include Operation, the work to be performed, the location, the objectives, and estimated cost of such operation.. West Xxxxxx XXX 20F

Appears in 1 contract

Samples: International Joint Operating Agreement (Transatlantic Petroleum Corp)

Procedure to Propose Exclusive Operations. (A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Non- Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C). Such notice shall specify that such operation is proposed as an Exclusive Operation and include Operation, the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: Joint Operating Agreement

Procedure to Propose Exclusive Operations. (A) Subject to Article 7.1, if any Party proposes to conduct an Exclusive Operation, such Party shall give notice of the proposed operation to all Parties, other than Non-Consenting Parties who have relinquished their rights to participate in such operation pursuant to Article 7.4(B) or Article 7.4(F) and have no option to reinstate such rights under Article 7.4(C7.4(D). Such notice shall specify that such operation is proposed as an Exclusive Operation and include Operation, the work to be performed, the location, the objectives, and estimated cost of such operation.

Appears in 1 contract

Samples: International Joint Operating Agreement (Drucker Industries Inc)

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