Common Contracts
1 similar Joint Operating Agreement contracts
INITIAL CONSIDERATIONS –JOINT OPERATING AGREEMENTJoint Operating Agreement • September 8th, 2016
The Joint Operating Agreement (JOA) governs the relationship between parties having working interests in the same parcel of land (“joint lands”) and provides agreement for the exploration, development and operation of the joint lands. (This is normally the first agreement the parties will enter into to). The agreement's primary purposes are to allow parties to delineate the division of costs and benefits and to establish and/or point to a set of rules by which the parties will operate the jointly owned lands.
