Drilling Partnership definition

Drilling Partnership has the meaning set forth in Section 3.01 of this Agreement.
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Drilling Partnership means a partnership entity created under applicable state Law with a primary purpose of funding the drilling of oil and gas xxxxx, the subsequent ownership and disposition of such xxxxx, and the production of Hydrocarbons therefrom.
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Drilling Partnership means any Drilling Partnership Entity or Drilling Partnership Arrangement.
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Examples of Drilling Partnership in a sentence

  • Appendix 15 Long-term Outlook Assumptions (Consistent in both Base Plan and Drilling Partnership plans) Base Plan (Maintenance Capital) Assumptions: Drilling Partnership Assumptions:1) Represents Mont Belvieu strip pricing as of 4/27/2021 assuming C3+ NGL component barrel consists of 56% C3 (propane), 10% isobutane (Ic4), 17% normal butane (Nc4) and 17% natural gasoline (C5+).162) AM dividend determined quarterly by the Board of Directors of Antero Midstream.

  • However, some Group companies (Delek Drilling Partnership, Avner Partnership, Cohen Development, IDE, and Gadot) use the USD as their functional currency.

  • All the rights of Delek Drilling Partnership regarding the exploration, production and use of natural gas (but not oil) were sold to Ratio Oil Exploration (1992) – limited partnership 1 in accordance with the agreement of October 28, 2004.

  • PARTICIPATION IN EXPENSES AND REVENUES The principal expenses and revenues of the Limited Partnership are shared by the general partner and the Drilling Partnership as shown in the following table.

  • Reserve category Tamar Reservoir Tamar SW reservoir Total (Tamar and Tamar SW reservoir) 49 The share (gross) of Delek Drilling Partnership, instead of the Company's share (net) is included in the Resources Report.

  • No relationship, direct or indirect, exists between or among the Company or any of the Subsidiaries or any Drilling Partnership, on the one hand, and the directors, officers, stockholders, customers or suppliers of the Company or any of the Subsidiaries, on the other, that would be required by the Securities Act to be described in a registration statement on Form S-1 to be filed with the Commission and that is not so described in each of the Time of Sale Information and the Offering Memorandum.

  • Direct and indirect holding of Delek Energy representing 62.64% of participating units issued by the limited partner in Delek Drilling Partnership ("the Delek Drilling Units").

  • The charges and credits to participants in the Drilling Partnership are shared among the participants in proportion to their ownership of units of participation.

  • The claims of the five Keystone Partnerships; to wit: Keystone 1983 -1 Oil and Gas Drilling Partnership; Keystone 1983-2 Oil an Gas Drilling Partnership; Keystone 1984-1 Oil and Gas Drilling Partnership; Keystone 1984-2 Oil and Gas Drilling Partnership; and Midco 1983 -1 Oil and Gas Drilling Partnership, are not at issue in this appeal.false loan transaction, the Partnerships allege that Commonwealth's true financial condition was concealed.

  • The financial figures above relate to the revenues of Delek Investments and the partnerships from the agreement with the IEC only according to the price of gas in the hedging deal, discounting royalties to the State and the third parties (including royalties paid by Avner Partnership to Delek Investments and the royalties paid by Delek Drilling Partnership to Delek Investments and Delek Energy Systems).


More Definitions of Drilling Partnership

Drilling Partnership shall have the meaning set forth in Section 3.25.
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Drilling Partnership has the meaning set forth in the AHD Transaction Agreement.
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Related to Drilling Partnership

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Operating Partnership has the meaning set forth in the preamble.

  • Limited partnership means a limited partnership registered or formed under any law in force in Singapore or elsewhere;

  • EXCO means EXCO Resources, Inc., a Texas corporation.

  • Partnership Property means any property, real, personal or mixed, or any interest therein or appurtenant thereto which may be owned or acquired by the Partnership.

  • Operating Partnership Agreement means the Fifth Amended and Restated Agreement of Limited Partnership of the Operating Partnership, as it may be amended, supplemented or restated from time to time.

  • Operating Company has the meaning set forth in the preamble.

  • GP means Gottbetter & Partners, LLP.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • MLP Partnership Agreement means the Amended and Restated Agreement of Limited Partnership of the MLP, as amended or restated from time to time.

  • Partnership has the meaning set forth in the Preamble.

  • Selling Partner has the meaning set forth in Section 8.5.

  • General Partner has the meaning set forth in the Preamble.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • EMG means the Executive Management Group of SSgA.

  • Atlas means Automated Transportation Logistics Activity System. ATLAS is a computerized information system to which all Shippers have access upon request. ATLAS enables Shippers to nominate and release product and to monitor and coordinate the movement of Petroleum Products while on Carrier's system.

  • Production company means a person or entity engaged in the business of making motion picture, television, or radio images for theatrical, commercial, advertising, or education purposes; Reserved

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Limited Partnership Agreement means the Second Amended and Restated Agreement of Limited Partnership of the Partnership dated as of March 9, 2004, as amended from time to time.

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • Managing Partner means KKR Management LLC, a Delaware limited liability company.

  • General Partners means all such Persons.

  • REIT means a “real estate investment trust” under Sections 856 through 860 of the Code.

  • Dating partner means any person involved in an intimate association with another individual that is primarily characterized by the expectation of affectionate involvement, whether casual, serious, or long-term.