Agreement for Implementation of an Optimized Waterflood Program Sample Contracts

AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT
Agreement for Implementation of an Optimized Waterflood Program • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas • California

THIS AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT (this “Agreement”) is made and entered into as of the 5th day of November, 1991, by and among the State of California (the “State”), by and through the State Lands Commission (the “SLC”), the City of Long Beach (the “City”), Atlantic Richfield Company, a Delaware corporation (“ARCO”), and ARCO Long Beach, Inc., a Delaware corporation and a wholly owned subsidiary of ARCO (“ALBI”). ARCO and ALBI are collectively referred to herein as the “ARCO Parties,” and the State, by and through the SLC, the City and the ARCO Parties are collectively referred to herein as the “Parties.”

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AMENDMENT TO THE AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT
Agreement for Implementation of an Optimized Waterflood Program • August 20th, 2014 • California Resources Corp • Crude petroleum & natural gas

THIS AMENDMENT TO THE AGREEMENT FOR IMPLEMENTATION OF AN OPTIMIZED WATERFLOOD PROGRAM FOR THE LONG BEACH UNIT (this “Amendment”) is made and entered into as of the 16 day of January, 2009, by and among the State of California (the “State”), by and through the State Lands Commission ( the “SLC”), the City of Long Beach (the “City”), and Oxy Long Beach, Inc. (“OLBI”), collectively referred to herein as the “Parties.”

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