TIMELY OPERATIONS. Operations shall be commenced within ninety (90) days following the date upon which the last applicable election may be made. If no operations are begun within such time period, the effect shall be as if the proposal had not been made. Operations shall be deemed to have commenced (a) on the date the contract for a new platform is let, if the notice indicated the need for such platform; or (b) on the date rigging-up operations are commenced on an existing platform.
Appears in 4 contracts
Samples: Joint Operating Agreement (Ridgewood Enengy K Fund LLC), Joint Operating Agreement (Ridgewood Energy K Fund LLC), Joint Operating Agreement (Ridgewood Energy L Fund LLC)
TIMELY OPERATIONS. Operations shall be commenced within ninety ONE HUNDRED FIFTY (90150) days following the date upon which the last applicable election may be made. If no operations are begun within such time period, the effect shall be as if the proposal had not been made. Operations shall be deemed to have commenced (a) on the date the contract for a new platform is let, if the notice indicated the need for such platform; or (b) on the date rigging-up operations are commenced on an existing platform.
Appears in 2 contracts
Samples: Agreement (Beta Oil & Gas Inc), Agreement (Beta Oil & Gas Inc)
TIMELY OPERATIONS. Operations by Participating Parties shall be commenced within ninety one hundred eighty (90180) days following the date upon on which the last applicable election may must be made. If no operations are begun within such time period, the effect it shall be as if the proposal had not been made. Operations If a Platform is necessary for Non-Consent Operations, and the notice so indicated that necessity, operations shall be deemed to have commenced (a) on the date the contract for a new platform design of the Platform is let, if the notice indicated the need for such platform; or (b) on the date rigging-up operations are commenced on an existing platformPlatform.
Appears in 2 contracts
Samples: Offshore Operating Agreement (Ridgewood Enengy K Fund LLC), Offshore Operating Agreement (Ridgewood Energy L Fund LLC)
TIMELY OPERATIONS. Operations shall be commenced within ninety one-hundred twenty (90120) days following the date upon which the last applicable election may be made. If no operations are begun within such time period, the effect shall be as if the proposal had not been made. Operations shall be deemed to have commenced (a) on the date the contract for a new platform Platform is let, if the notice indicated the need for such platformPlatform; or (b) on the date rigging-up operations are commenced on an existing platformthat charges begin according to the terms of the drilling contract.
Appears in 2 contracts
Samples: Letter Agreement, Joint Operating Agreement (West Texas Resources, Inc.)
