Common use of Substitute Operator if Operator Fails to Commence Drilling Operations) Clause in Contracts

Substitute Operator if Operator Fails to Commence Drilling Operations). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If a Party submits an identical Development Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within _______ (__) days after the deemed withdrawal of the approved original Development Well proposal and if that identical Development Well proposal is approved and if the Operator is not a Participating Party in the identical Development Well proposal, the approved identical Development Well proposal shall be deemed withdrawn, with the effect as if the identical Development Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If an approved original or identical Development Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Well, will be chargeable to the Participating Parties. Drilling operations for a Development Well under this Article 13.1.3 shall be deemed to have commenced on the date the drilling rig arrives on location or, if the drilling rig is already on location, the date when actual drilling operations for the approved Development Well are undertaken.

Substitute Operator if Operator Fails to Commence Drilling Operations). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within _______ (__) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is not a Participating Party in the identical Development Appraisal Well proposal, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If an approved original or identical Development Appraisal Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Appraisal Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Appraisal Well under this Article 13.1.3 11.1.4 shall be deemed to have commenced on the date the drilling rig arrives on location or, if the drilling rig is already on location, the date when actual drilling operations for the approved Development Appraisal Well are undertaken.

Substitute Operator if Operator Fails to Commence Drilling Operations). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Exploratory Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If a Party submits an identical Development Exploratory Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within _______ (__) days after the deemed withdrawal of the approved original Development Exploratory Well proposal and if that identical Development Exploratory Well proposal is approved and if the Operator is not a Participating Party in the identical Development Exploratory Well proposal, the approved identical Development Exploratory Well proposal shall be deemed withdrawn, with the effect as if the identical Development Exploratory Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Exploratory Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If an approved original or identical Development Exploratory Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Exploratory Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Exploratory Well under this Article 13.1.3 10.1.4 shall be deemed to have commenced on the date the drilling rig arrives on location or, if the drilling rig is already on location, the date when actual drilling operations for the approved Development Exploratory Well are undertaken.

Substitute Operator if Operator Fails to Commence Drilling Operations). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Exploratory Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If a Party submits an identical Development Exploratory Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within _______ (__) days after the deemed withdrawal of the approved original Development Exploratory Well proposal and if that identical Development Exploratory Well proposal is approved and if the Operator is not a Participating Party in the identical Development Exploratory Well proposal, the approved identical Development Exploratory Well proposal shall be deemed withdrawn, with the effect as if the identical Development Exploratory Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Exploratory Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If an approved original or identical Development Exploratory Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Exploratory Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Exploratory Well under this Article 13.1.3 10.1.3 shall be deemed to have commenced on the date the drilling rig arrives on location or, if the drilling rig is already on location, the date when actual drilling operations for the approved Development Exploratory Well are undertaken.

Substitute Operator if Operator Fails to Commence Drilling Operations). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If a Party submits an identical Development Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within _______ (__) days after the deemed withdrawal of the approved original Development Well proposal and if that identical Development Well proposal is approved and if the Operator is not a Participating Party in the identical Development Well proposal, the approved identical Development Well proposal shall be deemed withdrawn, with the effect as if the identical Development Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within _________ (__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within _________ (___) days after the end of the period for the approval of that Well. If an approved original or identical Development Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Well, will be chargeable to the Participating Parties. Drilling operations for a Development Well under this Article 13.1.3 shall be deemed to have commenced on the date the drilling rig arrives on location or, if the drilling rig is already on location, the date when actual drilling operations for the approved Development Well are undertaken.