Form Operating Agreement definition
Examples of Form Operating Agreement in a sentence
AEE and NextEra are parties to A.A.P.L. Form 610 -1989 Model Form Operating Agreement dated May 1, 2011 and A.A.P.L. Form610 -1989 Model Form Operating Agreements November 1, 2011 (together, the “Joint Operating Agreements”) respectively covering the Spyglass and West Spyglass areas in Divide County, North Dakota.
The term of the Additional Prospect JOA shall be Option No. 2 under Article XIII, of the A.A.P.L. Form 610-1989 Model Form Operating Agreement (as opposed to Option No. 1 as provided for in the JOA).
The term of the Prospect JOA shall be Option No. 2 under Article XIII, of the A.A.P.L. Form 610-1989 Model Form Operating Agreement (as opposed to Option No. 1 as provided for in the JOA).
If no agreement exists as to an intended drillsite spacing unit, then the parties will execute, and operations will be conducted in accordance with, the AAPL 1989 Model Form Operating Agreement attached hereto and made a part hereof as Exhibit B.
Operator shall obtain and at all times maintain insurance coverage consistent with the insurance exhibit to the Model Form Operating Agreement attached hereto as Exhibit B, and Farmee shall be listed as an additional insured.
Contract No. 23 - Model Form Operating Agreement, effective October 1, 1994, by and between Texaco Exploration and Production Inc., as Operator, and Devon Energy Company (Nevada), as Non-Operator.
The Operating Agreement will be on a A.A.P.L. Form 610 - 1982 Model Form Operating Agreement which shall be modified to delete portions of the printed language and to add certain provisions as are usual and customary among independent oil and gas exploration operators.
In the event that the Properties are not actually governed by a joint operating agreement, the most recent AAPL Form 610 1982 Model Form Operating Agreement shall be deemed the applicable document for determining whether or not Company would have liability to its non-operators.
All joint operations on the Contract Acreage shall be conducted in accordance with that mutually negotiated Model Form Operating Agreement which shall become effective as between the parties hereto when the agreement is executed by the parties herein.
Tiger shall be the Operator of the oil and gas leases within the Prospect Area pursuant to an AAPL Form 610-1989 Model Form Operating Agreement (the “JOA”) which shall be executed by the parties hereto.