Common use of Reports to Participants Clause in Contracts

Reports to Participants. At all times while Operator is engaged in drilling the Prospect Xxxxx in which Participant has elected to participate, Operator shall furnish to each Participant a (Daily/Weekly) written report summarizing drilling activities and results relating to the Prospect Well or Xxxxx in which Participant is participating, and Operator is then engaged in drilling, completing and/or testing. Each report shall contain sufficient information to apprise Participant of the activities in which Operator is then engaged. Operator agrees to furnish Participant such other information as Participant may reasonably require.

Appears in 3 contracts

Samples: Participation Agreement (Mondial Ventures, Inc.), Participation Agreement (Mondial Ventures, Inc.), Participation Agreement (Egpi Firecreek, Inc.)

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Reports to Participants. At all times while Operator is engaged in drilling the Prospect Xxxxx Wxxxx in which Participant has elected to participate, Operator shall furnish to each Participant a (Daily/Weekly) written report summarizing drilling activities and results relating to the Prospect Well or Xxxxx Wxxxx in which Participant is participating, and Operator is then engaged in drilling, completing and/or testing. Each report shall contain sufficient information to apprise Participant of the activities in which Operator is then engaged. Operator agrees to furnish Participant such other information as Participant may reasonably require.

Appears in 2 contracts

Samples: Participation Agreement (Egpi Firecreek, Inc.), Participation Agreement (Egpi Firecreek, Inc.)

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Reports to Participants. At all times while Operator is engaged in drilling the Prospect Xxxxx in which Participant has elected to participate, Operator shall furnish to each Participant a (Daily/Weekly) written report summarizing drilling activities and results relating to the Prospect Well or Xxxxx in which Participant is participating, and Operator is then engaged in drilling, completing and/or testing. Each report shall contain sufficient information to apprise Participant of the activities in which Operator is then engaged. Operator agrees to furnish Participant such other information as Participant may reasonably require.

Appears in 1 contract

Samples: Acquisition and Participation Agreement (Eco-Trade Corp.)

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