Common use of Wellhead Gas Imbalances Clause in Contracts

Wellhead Gas Imbalances. Except for the Imbalances Volumes, there do not exist any gas imbalances relating either to production from or at the wellhead between co-tenants or working interest owners in a well, unit, or field which are associated with the Assets for which Sellers have received any quantity of gas prior to the Effective Time for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Arete Industries Inc), Purchase and Sale Agreement (Arete Industries Inc)

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Wellhead Gas Imbalances. Except for the Imbalances Volumes, there do not exist any gas imbalances relating either to production from from, or at at, the wellhead between co-tenants or working interest owners in a well, unit, or field which are associated with the Assets for which Sellers have where Seller has received any quantity of gas prior to the Effective Time Date for which Buyer will have a duty after the Effective Time Date to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Magnum Hunter Resources Corp)

Wellhead Gas Imbalances. Except for the Imbalances VolumesVolumes reflected Schedule 6.16, there do not exist any gas imbalances relating either to production from or at the wellhead between co-tenants or working interest owners in a well, unit, or field which are associated with the Assets for which Sellers have where Seller has received any quantity of gas prior to the Effective Time Date for which Buyer will have a duty after the Effective Time Date to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

Wellhead Gas Imbalances. Except for the Imbalances Imbalance Volumes, there do not exist any gas imbalances relating either to production from or at the wellhead between co-tenants or working interest owners in a well, unit, or field which are associated with the Assets for which Sellers have where Seller has received any quantity of gas prior to the Effective Time for which Buyer will have a duty after the Effective Time to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Teton Energy Corp)

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Wellhead Gas Imbalances. Except for the Imbalances VolumesVolumes reflected on Schedule 6.15, there do not exist any gas imbalances relating either to production from or at the wellhead between co-tenants or working interest owners in a well, unit, or field which are associated with the Assets for which Sellers have where Seller has received any quantity of gas prior to the Effective Time Date for which Buyer will have a duty after the Effective Time Date to deliver an equivalent quantity of gas or pay a sum of money.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Synergy Resources Corp)

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