CARBON-DIOXIDE STORAGE AGREEMENTCarbon-Dioxide Storage Agreement • July 6th, 2023
WHEREAS, pursuant to La. R.S. 30:209, the State has the authority, upon a two-thirds vote of the members of the Board and after a public hearing conducted in the affected parish pursuant to La. R.S. 30:6, to enter into operating agreements whereby the State receives a share of revenues from the storage of Carbon Dioxide in whole or in part, as may be agreed upon by the Parties, in those situations where the Board determines it is in the best interest of the State either in equity or in the promotion of conservation to do so. The Board’s authority expressly extends to, but is not limited to, establishing a contractual agreement on unleased acreage to promote utilization of the State’s resources for Carbon Dioxide Storage. Further, pursuant to La. R.S. 30:209, the Board may do all other things that may appear to be necessary or desirable; and
CARBON-DIOXIDE STORAGE AGREEMENTCarbon-Dioxide Storage Agreement • September 9th, 2022 • Louisiana
WHEREAS, pursuant to La. R.S. 30:209, the State has the authority, upon a two-thirds vote of the members of the Board and after a public hearing conducted in the affected parish pursuant to La. R.S. 30:6, to enter into operating agreements whereby the State receives a share of revenues from the storage of Carbon Dioxide in whole or in part, as may be agreed upon by the Parties, in those situations where the Board determines it is in the best interest of the State either in equity or in the promotion of conservation to do so. The Board’s authority expressly extends to, but is not limited to, establishing a contractual agreement on unleased acreage to promote utilization of the State’s resources for Carbon Dioxide Storage. Further, pursuant to La. R.S. 30:209, the Board may do all other things that may appear to be necessary or desirable; and
SCHEDULE 1Carbon-Dioxide Storage Agreement • June 26th, 2023
This Schedule 1 supplements the Agreement with respect to High West’s activities and Improvements and Equipment located within the Salvador Wildlife Management Area ("WMA") as referenced herein. The WMA is under the jurisdiction of DWF, which has promulgated rules and regulations for the protection of wildlife resources, including aquatic life, and their supporting habitat within the WMA. In addition to any specific applicable rules and regulations of DWF related to the WMA, the following provisions shall apply with respect to High West’s activities and Improvements and Equipment located within the WMA:
CARBON-DIOXIDE STORAGE AGREEMENTCarbon-Dioxide Storage Agreement • September 9th, 2022
WHEREAS, pursuant to La. R.S. 30:209, the State has the authority, upon a two-thirds vote of the members of the Board and after a public hearing conducted in the affected parish pursuant to La. R.S. 30:6, to enter into operating agreements whereby the State receives a share of revenues from the storage of Carbon Dioxide in whole or in part, as may be agreed upon by the Parties, in those situations where the Board determines it is in the best interest of the State either in equity or in the promotion of conservation to do so. The Board’s authority expressly extends to, but is not limited to, establishing a contractual agreement on unleased acreage to promote utilization of the State’s resources for Carbon Dioxide Storage. Further, pursuant to La. R.S. 30:209, the Board may do all other things that may appear to be necessary or desirable; and
CARBON-DIOXIDE STORAGE AGREEMENTCarbon-Dioxide Storage Agreement • September 17th, 2021
WHEREAS, the properties that are the subject of this Agreement are approximately 122,455 acres in the parishes stated herein and are more particularly described below and depicted on Exhibits “B, C, and D”, attached hereto and made a part hereof; and
