Proposing Operations. 22 10.2 Counterproposals .................................................................................22 10.3
Proposing Operations. A Party may propose a Development Operation in accordance with Article 9 (Notices) to the other Parties who are entitled to vote or make an election in regard to that operation.
Proposing Operations. Subject to the limitations and provisions of the Dominion EPA and the Ridgewood EPA for an Additional Opportunities Prospect's Initial Test Well, as those terms are defined in the respective Dominion EPA and Ridgewood EPA, any Party may propose an Exploratory Operation in accordance with Article 9 (Notices) to the other Parties who are entitled to vote or make an election in regard to that operation.
Proposing Operations. A Party may propose a Development Operation by sending an AFE or notice to the other Parties in accordance with Article 9 (Notices).
Proposing Operations. 28 10.2 COUNTERPROPOSALS .....................................................28 10.3 OPERATIONS BY ALL PARTIES ............................................28 10.4 SECOND OPPORTUNITY TO PARTICIPATE ....................................28 10.5 OPERATIONS BY FEWER THAN ALL PARTIES .................................29 10.5.1
Proposing Operations. A Party may propose an Exploratory Operation in accordance with Article 9 (Notices) to the other Parties who are entitled to vote or make an election in regard to that operation. When an Exploratory Operation is proposed, a Party may, within __________ (___) days after receipt of the AFE or notice for the original proposal, make a counterproposal to conduct an alternative Exploratory Operation by sending an AFE or notice to such Parties in accordance with Article 9 (Notices). The AFE or notice shall indicate that the proposal is a counterproposal to the original proposal. If one or more counterproposals are made, such Parties shall elect to participate in either the original proposal, one counterproposal, or neither the original proposal nor a counterproposal. If two or more proposals receive the approval of the number of Parties and combined Working Interests required by Article 10.5 (Operations by Fewer Than All Parties), 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 proposal first received by the Parties shall take precedence. Except for the response period provided in this Article 10.2, a counterproposal shall be subject to the same terms and conditions as the original proposal.
Proposing Operations. A Party may propose a Development Operation in accordance with Article 9 (Notices) to the other Parties who are entitled to vote or make an election in regard to that operation. When a Development Operation is proposed, a Party may, within (___) days after receipt of the AFE or notice for the original proposal, make a counterproposal to conduct an alternative Development Operation by sending an AFE or notice to such Parties in accordance with Article 9 (Notices). The AFE or notice shall indicate that the proposal is a counterproposal to the original proposal. If one or more counterproposals are made, such Parties shall elect to participate in either the original proposal, one counterproposal, or neither the original proposal nor a counterproposal. If two or more proposals receive the approval of the number of Parties and combined Working Interests required by Article 11.5 (Operations By Fewer Than All Parties), the proposal receiving the largest percentage 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 prevail. Except for the response period provided in this Article 11.2, a counterproposal shall be subject to the same terms and conditions as the original proposal.
Proposing Operations. Subject to the provisions of the EPA, any Party may propose an Exploratory Operation in accordance with Article 9 (Notices) to the other Parties who are entitled to vote or make an election in regard to that operation.
Proposing Operations. Should any Working Interest Owner or Owners desire to (1) drill a well for oil and gas in the Unitized Land; or (2) deepen, complete, recomplete, plug back, deviate or redrill a well drilled as Unit Operations, but which has never produced or which is no longer profitable to the Working Interest Owners to produce; then the desiring Working Interest Owners, hereinafter called "Drilling Parties" (whether one or more), shall give written notice of their desire to undertake such operations to other Working Interest Owners who would be obligated if such operations were other than Non-Consent operations to bear a share of Unit Expenditures for such operations. If conflicting proposals under subparagraph (2), above, are made, the order of priority shall he in the order they appear above.
Proposing Operations. 27 10.2 COUNTERPROPOSALS ..............................................................................27 10.3
