Natural Gas Assets definition

Natural Gas Assets means the assets of Seller used in the operation of the Natural Gas Businesses to be purchased or acquired by Buyer pursuant to the Asset Purchase Agreement.
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Natural Gas Assets. ’ means the assets of Seller used in the operation of the Natural Gas Businesses to be purchased or acquired by Buyer pursuant to the Asset Purchase Agreement.
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Natural Gas Assets means the assets and facilities used exclusively or primarily by Seller in the conduct of its natural gas distribution utility business whether located within or outside of the Territory, including gas pipes and pipelines, valves, meters, regulators and equipment, corrosion protection fittings and equipment.
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Examples of Natural Gas Assets in a sentence

  • Property and Equipment (continued) COSTS Oil and Natural Gas Assets Water-well assets Other assets Total On July 31, 2017, the Company acquired oil and gas mineral rights from surface to base of the Bluesky Bullhead Group in 22 sections (gross 14,080 acres and net 9,726 acres) located near Fox Creek, Alberta.

  • Armstrong said that the lawsuit (the “Armstrong Complaint”) was to claim violation of an employment contract requiring Twist to pay Armstrong an annual bonus and royalty interest in gross production revenues of oil and gas produced by the Natural Gas Assets.

  • On 6 July 2007 REN – Rede Eléctrica Nacional, SA sent a letter to Galp containing three cheques totalling tEuros 24,026, of which tEuros 23,335 was to pay the adjustment of the selling price of the Regulated Natural Gas Assets and participation in Transgás Atlântico, S.A. under the promissory purchase and sales contract entered in to on 30 August 2006 and tEuros 691 relating interest established in accordance with paragraph 9 and 11, clause 6 of that contract, following valuations presented in June 2007.

  • The Employee acknowledges and understands that the Corporation may not be satisfying the current public information requirement of Rule 144 at the time the Employee wishes to sell the Transferable Shares or other conditions under Rule 144 which are required of the Corporation.

  • Provided in file name J-1601000_2021.xlsx, Tab -06 (Natural Gas Assets).

  • NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Mandatory Receipts – Partnership Contribution Receivable 2013 2014 2015 2016 2017 Thereafter Total US$ 386 407 429 452 117 – 1,791 C$ equivalent 384 405 427 450 116 – 1,782 Non-Core Natural Gas Assets At December 31, 2011, the Company classified certain non-core natural gas assets located in Northern Alberta as assets held for sale.

  • The remaining decrease is attributed to a USD 46,209 write-down on the Natural Gas Assets for impairment and a USD 20,625 use of cash, explained by the changes in cash within the Statement of Cash Flows.

  • Attention: Natural Gas Assets Xxxxxxx, Xxxxx 00000 Facsimile Number: (000) 000-0000 Facsimile Number: (___) _________ Phone Number: (___) ___________ Gas Control: (000) 000-0000 Operational Notices: BP Energy Company Attn: ________________ 000 XxxxXxxx Xxxx Xxxx.

Related to Natural Gas Assets

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Natural gas company ’ means a person engaged in the transportation of natural gas in interstate commerce, or the sale in inter- state commerce of such gas for resale.

  • Natural Gas or “Gas” means wet gas, dry gas, all other gaseous hydrocarbons, and all substances contained therein, including sulphur and helium, which are produced from oil or gas xxxxx, excluding those condensed or extracted liquid hydrocarbons that are liquid at normal temperature and pressure conditions, and including the residue Gas remaining after the condensation or extraction of liquid hydrocarbons from Gas such that any Gas sold under this Agreement shall be of the quality as indicated in Clause 7.

  • Natural gas utility means an investor-owned business engaged in the sale and distribution of natural gas within this state whose rates are regulated by the commission.

  • Pipeline means any pipe, pipes, or pipelines used for the intrastate transportation or transmission of any solid, liquid, or gaseous substance, except water.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Coal means any solid fuel classified as anthracite, bituminous, subbituminous, or lignite.

  • Pipelines has the meaning set forth in the Recitals.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Oil means petroleum in any form including crude oil, fuel oil, sludge, oil refuse and refined products (other than petrochemicals which are subject to the provisions of Annex II of the present Convention) and, without limiting the generality of the foregoing, includes the substances listed in Appendix I to this Annex.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Compressed natural gas means a mixture of hydrocarbon gases and vapors that consists primarily of methane in gaseous form that has been compressed for use as a fuel to propel a motor vehicle.

  • CBM means Capacity Benefit Margin.

  • Landfill Gas means any gas derived through any biological process from the decomposition of waste buried within a waste disposal site.

  • Natural uranium means uranium with the naturally occurring distribution of uranium isotopes, which is approximately 0.711 weight percent uranium-235, and the remainder by weight essentially uranium-238.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Liquefied natural gas or “LNG” means natural gas that has been liquefied.

  • Contributed Assets shall have the meaning as set forth in Section 2.2.

  • Gross Assets means the total of fixed assets and current assets;

  • Gas means any mixture of hydrocarbons and noncombustible gases in a gaseous state consisting primarily of methane.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Refinery means a facility for the manufacture or reprocessing of finished or unfinished petroleum

  • Oil and Gas Business means the business of exploiting, exploring for, developing, acquiring, operating, producing, processing, gathering, marketing, storing, selling, hedging, treating, swapping, refining and transporting hydrocarbons and carbon dioxide and other related energy businesses, including contract drilling and other oilfield services.

  • Oil and Gas Interests means: (a) direct and indirect interests in and rights with respect to oil, gas, mineral and related properties and assets of any kind and nature, direct or indirect, including, without limitation, working, royalty and overriding royalty interests, mineral interests, leasehold interests, production payments, operating rights, net profits interests, other non-working interests, contractual interests, non-operating interests and rights in any pooled, unitized or communitized acreage by virtue of such interest being a part thereof; (b) interests in and rights with respect to Hydrocarbons and other minerals or revenues therefrom and contracts and agreements in connection therewith and claims and rights thereto (including oil and gas leases, operating agreements, unitization, communitization and pooling agreements and orders, division orders, transfer orders, mineral deeds, royalty deeds, oil and gas sales, exchange and processing contracts and agreements and, in each case, interests thereunder), and surface interests, fee interests, reversionary interests, reservations and concessions related to any of the foregoing; (c) easements, rights-of-way, licenses, permits, leases, and other interests associated with, appurtenant to, or necessary for the operation of any of the foregoing; (d) interests in oil, gas, water, disposal and injection xxxxx, equipment and machinery (including well equipment and machinery), oil and gas production, gathering, transmission, compression, treating, processing and storage facilities (including tanks, tank batteries, pipelines and gathering systems), pumps, water plants, electric plants, gasoline and gas processing plants, refineries and other tangible or intangible, movable or immovable, real or personal property and fixtures located on, associated with, appurtenant to, or necessary for the operation of any of the foregoing; and (e) all seismic, geological, geophysical and engineering records, data, information, maps, licenses and interpretations.