Total Drilling Target definition

Total Drilling Target means that number of Development Xxxxx where the cumulative sum of all the Adjusted Development Well Amounts for such Development Xxxxx equals 118.
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Total Drilling Target has the meaning assigned to such term in the Development Agreement.
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Total Drilling Target has the meaning assigned to such term in the Development Agreement.
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Examples of Total Drilling Target in a sentence

  • XxxxXxxxx shall, subject to the terms of Section 2.01(b) and the rest of this Article II, drill or cause to be drilled such number of Development Xxxxx that is necessary to achieve the Total Drilling Target on or prior to December 31, 2014.

  • Chesapeake shall, subject to the terms of this Article II, drill or cause to be drilled, or participate as a non-operator in the drilling of, such number of Development Xxxxx as is necessary to achieve the Total Drilling Target on or prior to June 30, 2016.

  • If XxxxXxxxx has not reached the Total Drilling Target by December 31, 2014, XxxxXxxxx shall, subject to the terms of this Article II, drill or cause to be drilled such number of Development Xxxxx that is necessary to achieve the Total Drilling Target on or prior to December 31, 2015.


More Definitions of Total Drilling Target

Total Drilling Target that number of Development Xxxxx where the cumulative total of all such Adjusted Development Well Values for all Development Xxxxx drilled by or caused to be drilled by Assignor equals 180.
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Related to Total Drilling Target

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  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Motor-driven cycle means every motorcycle that has a gasoline engine that (i) displaces less than

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  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • Cannabis testing facility means an entity registered by

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  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

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  • Material Project EBITDA Adjustments means, with respect to each Material Project:

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