Joint Operating Agreement definition

Joint Operating Agreement. (JOA) means the operating and participating agreement between the Parties constituting the Contractor that governs their operational activities, obligations and responsibilities under this Contract,

Joint Operating Agreement means any joint operating agreement, joint development agreement or other similar contract that is usual and customary in the oil and gas business.

Joint Operating Agreement means the Agreement executed between the Parties constituting the Contractor, in accordance with Article 4.9 below, setting forth the respective rights, interests and obligations of the said Parties concerning the Contractual Area and determining the terms under which the Oil Operations shall be carried out, and the expenses and results associated therewith shall be allocated among the said Parties.

Examples of Joint Operating Agreement in a sentence

• Enhancements and expansions of the Transmission System that (1) a Regional Transmission Expansion Plan developed pursuant to Schedule 6 of the Operating Agreement or (2) the Coordinated System Plan periodically developed pursuant to the Joint Operating Agreement Between the Midwest Independent Transmission System Operator, Inc.

• This Joint Operating Agreement (“Agreement”) dated this 1st day of December, 2004, by and between Southwest Power Pool, Inc.

• As a result, Seplat ceased to be a party to the Joint Operating Agreement in respect of the transferred assets and became a holding company.

• MISO and SPP will use this Joint Operating Agreement, to the extent applicable, for the coordination of Transmission Service Provider, BA, RC and other functions for which they may have registered in the NERC Compliance Registry.

• Bylaws; (d) Joint Operating Agreement Between the Midwest Independent Transmission System Operator, Inc.

More Definitions of Joint Operating Agreement

Joint Operating Agreement means any joint operating, unit or unit operating, or other similar agreement between two or more working interest owners, including Company, governing operations on Company properties (or lands pooled or unitized therewith) for the exploration for, and the development and production of, Hydrocarbons.

Joint Operating Agreement or "JOA" means the agreement concluded between the companies holding shares in the Licence about the performance of the activities comprised by the Licence.

Joint Operating Agreement means any agreement or contract among all of the Contractors with respect to their respective rights or obligations under this Contract, as such agreement or contract may be amended or supplemented from time to time;

Joint Operating Agreement. (JOA) means the Joint Operating Agreement attached hereto as Annex-II.

Joint Operating Agreement or “JOA” means the Joint Operating Agreement to be entered into between the parties owning a Participating Interest in respect to Block 2. The Parties will use their reasonable efforts to negotiate and sign such JOA within 120 days from the Effective Date, but in any event no later than the date the PSC is executed. Such JOA will be based on the 1995 AIPN Model Form International Operating Agreement and the AIPN 2000 Model Form Accounting Procedure.

Joint Operating Agreement means any agreement heretofore or hereafter entered into by or including the Producers or some of them and approved by the Minister governing exploration for and production of petroleum and includes any agreement providing for the installation and as applicable sharing of use of facilities for the handling of petroleum.

Joint Operating Agreement means the joint operating agreement for the Bahar Gas Field and the Gum Deniz Oil Field between Bahar Energy, SOA and BEOC entered into for the purpose of regulating operations under the ERDPSA;