Drill Rig Development and Management Agreement Sample Contracts

DRILL RIG DEVELOPMENT AND MANAGEMENT AGREEMENT

Drill Rig Development and Management Agreement • May 5th, 2005 • Verdisys Inc • Oil & gas field exploration services • Texas

• Contract Type
  Drill Rig Development and Management Agreement
• Filed
  May 5th, 2005
• Company
  Verdisys Inc
• Industry
  Oil & gas field exploration services
• Jurisdiction
  Texas

THIS DRILL RIG DEVELOPMENT AND MANAGEMENT AGREEMENT (“Agreement”) is entered into as of April 12, 2005 (“Effective Date”) by and between Verdisys, Inc., a California corporation (“VDYS”) and Advanced Drilling Services, LLC, a Delaware limited liability company (“ADS”), otherwise herein referred to as the “Parties”.