Examples of Form Joint Operating Agreement in a sentence
The requested Model Form Joint Operating Agreement employed by the Applicant and proposed to the owners set out in Finding Nos.
The requested Model Form Joint Operating Agreement (“JOA”) employed by the Applicant proposed to the owner set out in Finding No. 6 below, is the form of A.A.P.L. Form 610-1989 Model Form Operating Agreement (JOA for Liquid Hydrocarbon Wells), amended, and modified as adopted by the Commission on February 22, 2010.
Under the El Fayum JOA, IPR Lake Qarun will assume operatorship of the North Beni Suef Concession, as between the parties comprising the Contractor Party.As with the El Fayum JOA, the form of the North Beni Suef JOA is based on the AIPN Model Form Joint Operating Agreement, with certain modifications.
In the domestic context, while companies have traditionally preferred [the] Australian-style joint operating agreements, the 2002 AIPN Model Form Joint Operating Agreement can still be a useful document or source for parties negotiating joint venture arrangements.’26 The North Sea environment still stands apart from the mingling of JOA concepts seen in some other jurisdictions.
Ways in which these types of issues might be handled are set out in the Clause 12 options to the 2002 Model Form Joint Operating Agreement of the American Institute of Petroleum Negotiators (AIPN).
Petroleum Landmen (2007) Model Operating Procedures, § 25.02; AMPLA (2011) Model Form Joint Operating Agreement § 4.7. 56 See, e.g., A.A.P.L. Form 610 – Model Form Operating Agreement (2015), Art.
In a missing section, we might see them reunite, as in Perikeiromene.
Like its predecessors, the 2002 Version is the result of a co-operative effort by a number of companies, lawyers, engineers, geologists, geophysicists, accountant and consultants in the oil and gas industry.In publishing the Model Form Joint Operating Agreement, the AIPN has sought to provide a model for joint venture operations.
The 2002 AIPN Model Form Joint Operating Agreement can be a useful tool, whether used as a base document which is adapted to suit domestic law and conditions or as a source of terminology and clauses to supplement local joint operating agreements or to provide alternatives (eg in the case of impasse) which are accepted by negotiating parties as conforming with generally accepted industry practices.
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