RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. Except as otherwise specifically provided herein, the exclusive right, privilege, and duty of exercising any and all rights of the parties hereto which are necessary or convenient for prospecting for, producing, storing, allocating, and distributing the unitized substances are hereby delegated to and shall be exercised by the Unit Operator as herein provided. Acceptable evidence of title to said rights shall be deposited with Unit Operator and, together with this agreement, shall constitute and define the rights, privileges, and obligations of Unit Operator. Nothing herein, however, shall be construed to transfer title to any land or to any lease or operating agreement, it being understood that under this agreement the Unit Operator, in its capacity as Unit Operator, shall exercise the rights of possession and use vested in the parties hereto only for the purposes herein specified.
RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. 10.1 The right, privilege, and duty of exercising any and all rights of the parties hereto that are necessary or convenient for exploring, producing, distributing, or utilizing Unitized Substances are hereby delegated to and shall be exercised by the Unit Operator as provided in this Agreement in accordance with a Plan of Development approved by the authorized officer.
RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. Except as otherwise specifically provided herein, the exclusive right, privi- lege, and duty of exercising any and all rights of the parties hereto which are nec- xxxxxx or convenient for prospecting for, pro- ducing, storing, allocating, and distributing the unitized substances are hereby delegated to and shall be exercised by the Unit Oper- ator as herein provided. Acceptable evidence of title to said rights shall be deposited with Unit Operator and, together with this agree- ment, shall constitute and define the rights, privileges, and obligations of Unit Operator. Nothing herein, however, shall be construed to transfer title to any land or to any lease or operating agreement, it being understood that under this agreement the Unit Oper- ator, in its capacity as Unit Operator, shall exercise the rights of possession and use vested in the parties hereto only for the pur- poses herein specified.
RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. 10.1 The right, privilege, and duty of exer- cising any and all rights of the parties here- to which are necessary or convenient for prospecting, producing, distributing or uti- lizing Unitized Substances are hereby dele- gated to and shall be exercised by the Unit Operator as provided in this Agreement in accordance with a Plan of Operations ap- proved by the authorized officer.
RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. 8. DRILLING TO DISCOVERY
RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. Except as otherwise specifically provided herein, the exclusive right, privilege, and duty of exercising any and all rights of tbe parti® hereto which are necessary or convmimt for prospecting for, producing, storing, allocating, and distributing the unitized substance are hereby delegated to and shall be exercised by the Unit Opaator as herein provided. 'Acceptable evidence of title to said rights shall be deposited with Unit Opaator and, togeth® with this agreemoit.' shall constitute and define the rights, privileges, and obligations of Unit Operator. Nothing herein, howeva.'shall be construed to transfer title to any land or to any lease re operating agreemoit, it being undostood that undo ibis agreement tbe Unit Operator, in its capacity as Unit Operator, shall exercise the rights of possession and use vested in the parti® borto only for the purposes hoein specified. f , ■ j9 * * * * * * 16
RIGHTS AND OBLIGATIONS OF UNIT OPERATOR. Except as otherwise specifically provided herein, the exclusive right, privilege, and duty of exercising any and all rights of the Parties which are necessary or convenient for prospecting for, producing, storing, allocating, and distributing the unitized substances are hereby delegated to and shall be exercised by the Unit Operator as herein provided . The Bureau of Land Management, Land Commissioner and Commission shall be entitled to rely on any action of the Unit Operator hereunder as having been authorized in accordance with the unit operating agreement . Acceptable evidence of each party's title to said rights shall be deposited with Unit Operator and, together with this agreement, shall constitute and define the rights, privileges, and obligations of Unit Operator . Nothing herein, however, shall be construed to transfer title to any land or to any lease or operating agreement, it being understood that under this agreement the Unit Operator, in its capacity as Unit Operator, shall exercise the rights of possession and use vested in the Parties only for the purposes specified herein and in the unit operating agreement . The Unit Operator shall have such rights with respect to surface operations in the unit area as the working interest owners would collectively hold under their respective leases and applicable law, plus whatever additional rights it may hereafter negotiate from authorized mineral, lease or surface holders apart from this agreement, and in each case subject to any applicable agreements with third parties and applicable law . 9. UNIT DEVELOPMENT . Unit Operator has heretofore completed xxxxx capable of producing unitized substances within the unit area . By the first anniversary of the Effective Date, Unit Operator shall drill not less than five ( 5 ) additional xxxxx within the unit area to test for, and if applicable complete for production of, unitized substances . 10. PLAN OF FURTHER DEVELOPMENT AND OPERATION . Not later than the first anniversary of the Effective Date, the Unit Operator shall submit for the approval of the Federal AO and the State AO an initial plan of development and operation for known deposits of unitized substances in the unitized land which, when approved by the Federal AO and the State AO, shall become necessary conditions to the continuation of the Unit pursuant to Section 20 , but shall not constitute binding obligations of the Unit Operator or the other working interest owners . The initial plan of develop...
