Common use of Salvaging Xxxxx Clause in Contracts

Salvaging Xxxxx. Unit Operator shall salvage as much of the casing and equipment in or on xxxxx not taken over by Working Interest Owners of separate Tracts as can economically and reasonably be salvaged and shall cause the xxxxx to be plugged and abandoned properly and in accordance with law.

Appears in 2 contracts

Samples: Unit Operating Agreement (Pacific Energy Resources LTD), Unit Operating Agreement (Pacific Energy Resources LTD)

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Salvaging Xxxxx. Unit Operator shall salvage as much of the casing and equipment in or on xxxxx not taken over by Working Interest Owners of separate Tracts as can economically and reasonably be salvaged salvaged, and shall cause the xxxxx to be plugged and abandoned properly and in accordance with lawproperly.

Appears in 2 contracts

Samples: Unit Operating Agreement (Resaca Exploitation, Inc.), Unit Operating Agreement (Resaca Exploitation, Inc.)

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Salvaging Xxxxx. Unit Operator shall salvage as much of the casing and equipment in or on xxxxx not taken over by Working Interest Owners of separate Tracts as can economically and reasonably be salvaged salvaged, and shall cause the xxxxx to be plugged and abandoned properly in compliance with applicable laws and in accordance with lawregulations.

Appears in 1 contract

Samples: Unit Operating Agreement (Natural Gas Systems Inc/New)

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