Common use of Statements and Xxxxxxxx Clause in Contracts

Statements and Xxxxxxxx. A. The Operator shall xxxx Non-Operators on or before the last day of the month for their proportionate share of the Joint Account for the preceding month. Such bills shall be accompanied by statements that identify the authority for expenditure, lease or facility, and all charges and credits summarized by appropriate categories of investment and expense. In lieu of detailed descriptions, Controllable Material may be summarized by major Material classifications. Intangible drilling costs, audit adjustments, and unusual charges and credits shall be separately and clearly identified.

Statements and Xxxxxxxx. A. The Operator shall xxxx Non-Operators on or before the last day of the each month for their proportionate share of the Joint Account for the preceding month. Such bills shall will be accompanied by statements that which identify the authority for expenditure, lease or facility, and all charges and credits credits, summarized by appropriate categories classifications of investment and expense. In lieu expense except that items of detailed descriptions, Controllable Material may be summarized by major Material classifications. Intangible drilling costs, audit adjustments, and unusual charges and credits shall be separately identified and clearly identifiedfully described in detail.

Statements and Xxxxxxxx. A. The Operator shall xxxx Non-Operators on or before the last day of the each month for their proportionate share shine of the Joint Account for the preceding month. Such bills shall be will he accompanied by statements that which identify the authority for expenditure, lease or facility, and all charges and credits credits, summarized by appropriate categories classifications of investment and expense. In lieu of detailed descriptions, expense except thin items or Controllable Material may be summarized by major Material classifications. Intangible drilling costs, audit adjustments, and unusual charges and credits shall be separately identified and clearly identified.fully described in detail