Common Contracts
1 similar Exploration and Development Agreement contracts
Oil and Gas Exploration and Development AgreementsExploration and Development Agreement • November 17th, 2010 • Texas
Companies in the oil and gas industry form relationships with other industry players that they hope will be beneficial to all of the parties. Industry players seek out others who possess something that they lack. Some companies have acquired sizable leasehold acreage but lack the funds to timely develop the acreage. Others have cash to invest but lack the technical know-how to properly develop property. Some industry players have developed a geologic idea for a project but lack the resources necessary to acquire the acreage and develop the property.
