Common use of Termination of Operations Clause in Contracts

Termination of Operations. Upon the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, Completion or plugging of a well, including but not limited to the Initial Well, such operation shall not be terminated without consent of parties bearing 50% of the costs of such operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, Operator may discontinue operations and give notice of such condition in the manner provided in Article VI.B.1, and the provisions of Article VI.B. or VI.E. shall thereafter apply to such operation, as appropriate.

Termination of Operations. Upon the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, Completion Completion, or plugging of a well, including but not limited to the Initial Well, such the operation shall not be terminated without consent of parties bearing 5051% of the costs of such the operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, Operator may discontinue operations and give notice of such the condition in the manner provided in Article VI.B.1., and the provisions of Article VI.B. or VI.E. shall thereafter then apply to such the operation, as appropriate.

Termination of Operations. Upon the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, Completion or plugging of a well, including but not limited to the Initial Well, well such operation shall not be terminated without consent of parties bearing 50% one-hundred percent (100 %) of the costs of such operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, Operator may discontinue operations and give notice of such condition in the manner provided in Article VI.B.1, and the provisions of Article VI.B. VI.B or VI.E. shall thereafter apply to such operation, as appropriate.

Termination of Operations. Upon On the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, Completion Completion, or plugging of a well, including but not limited to the Initial Well, such operation shall not be terminated without consent of parties Parties bearing 5080% of the costs of such the operation; provided, however, that in the event if granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, then Operator may discontinue operations and give notice of such the condition in the manner provided in Article VI.B.1, and the provisions of Article VI.B. VI.B or VI.E. VI.E shall thereafter then apply to such the operation, as appropriate.

Termination of Operations. Upon the commencement of an operation for the drilling, Reworkingreworking, Sidetracking, Plugging Back, Deepening, testing, Completion or plugging of a well, including but not limited to the Initial Well, such operation shall not be terminated without consent of parties bearing 5051 % of the costs of such operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, Operator may discontinue operations and give notice of such condition in the manner provided provide in Article VI.B.1, and the provisions of Article VI.B. or VI.E. shall thereafter apply to such operation, as appropriate.. ARATICLE VII

Termination of Operations. Upon the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, Completion or plugging of a well, including but not limited to the Initial Well, such operation shall not be terminated without consent of parties bearing 5090% of the costs of such operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, Operator may discontinue operations and give notice of such condition in the manner provided in Article VI.B.1, and the provisions of Article VI.B. or VI.E. shall thereafter apply to such operation, as appropriate.

Termination of Operations. Upon the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, Completion or plugging of a well, including but not limited to the Initial Well, such operation shall not be terminated without consent of parties bearing 5050 % of the costs of such operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders tenders further operations impractical, Operator may discontinue operations and give notice of such condition in the manner provided in Article VI.B.1Vl.B. 1, and the provisions of Article VI.B. or VI.E. shall thereafter apply to such operation, as appropriate.

Termination of Operations. Upon the commencement of an operation for the drilling, Reworking, Sidetracking, Plugging Back, Deepening, testing, testing Completion or plugging of a well, including but not limited to the Initial Well, such operation shall not be terminated without consent of parties bearing 5060% of the costs of such operation; provided, however, that in the event granite or other practically impenetrable substance or condition in the hole is encountered which renders further operations impractical, Operator may discontinue operations and give notice of such condition in the manner provided in Article VI.B.1, and the provisions of Article VI.B. VI.B or VI.E. VI.E shall thereafter apply to such operationoperations, as appropriate.