Common Contracts

2 similar Exclusive Geophysical Agreement contracts

TRACT NO. 45734 – Iberia, St. Mary, Terrebonne, and Vermilion Parishes, Louisiana
Exclusive Geophysical Agreement • November 16th, 2023

The Exclusive Geophysical Agreement is a Type #3, and carries a maximum Initial Term of Eighteen (18) months, with an Option Term, if exercised by additional payment as specified in the Agreement, of Six (6) months period. The Exclusive Geophysical Agreement #3, shall be effective from January 10, 2024 for a period terminating July 10, 2025, unless the Option period is activated by payment (timely) of the Option payment amount set forth in the Agreement, in which case the termination date shall be January 10, 2025, and which Agreement authorizes the successful bidder to conduct at least 3-D geophysical operations on all of the lands, including any islands and/or accretion or reliction to lakes, bays, the coastline or otherwise, where allowed by law, together with all lands now or formerly constituting the beds and bottoms of all water bodies of every nature and description, as to which title is vested in the State of Louisiana, and not presently under mineral lease as of January 10, 20

AutoNDA by SimpleDocs
TRACT NO. 45685 – Iberia, St. Mary, Terrebonne, and Vermilion Parishes, Louisiana
Exclusive Geophysical Agreement • September 22nd, 2023

The Exclusive Geophysical Agreement is a Type #3, and carries a maximum Initial Term of Eighteen (18) months, with an Option Term, if exercised by additional payment as specified in the Agreement, of Six (6) months period. The Exclusive Geophysical Agreement #3, shall be effective from November 8, 2023 for a period terminating May 8, 2025, unless the Option period is activated by payment (timely) of the Option payment amount set forth in the Agreement, in which case the termination date shall be November 8, 2025,and which Agreement authorizes the successful bidder to conduct at least 3-D geophysical operations on all of the lands, including any islands and/or accretion or reliction to lakes, bays, the coastline or otherwise, where allowed by law, together with all lands now or formerly constituting the beds and bottoms of all water bodies of every nature and description, as to which title is vested in the State of Louisiana, and not presently under mineral lease as of November 8, 2023,

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!