Common use of ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT Clause in Contracts

ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT. 9.1 Costs and expenses incurred by Unit Operator in conducting Unit operations hereunder shall be paid, apportioned among and borne by the Working Interest Owners in accordance with the Unit Operating Agreement. Such Unit Operating Agreement shall also provide the manner in which the Working Interest Owners shall be entitled to receive their respective proportionate and allocated share of the benefits accruing hereto in conformity with their underlying operating agreements, leases or other independent contracts and such other rights and obligations as between Unit Operator and the Working Interest Owners as may be agreed upon by the Unit Operator and the Working Interest Owners; however, no such Unit Operating Agreement shall be deemed either to modify any of the terms and conditions of this Unit Agreement or to relieve the Unit Operator of any right or obligation established under this agreement and in case of any inconsistency or conflict between this agreement and the Unit Operating Agreement, this Unit Agreement shall prevail. Three (3) true copies of any Unit Operating Agreement executed pursuant to this Article shall be filed with the Supervisor as required prior to approval of this agreement.

ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT. 9.1 Costs and expenses incurred by Unit Operator in conducting Unit operations Operations hereunder shall be paid, apportioned among and borne by the Working Interest Owners in accordance with the Unit Operating Agreement. Such Unit Operating Agreement shall also provide the manner in which the Working Interest Owners shall be entitled to receive their respective proportionate and allocated share of the benefits accruing hereto hereunder in conformity with their underlying operating agreements, leases or other independent contracts and such other rights and obligations as between Unit Operator and the Working Interest Owners as may be agreed upon by the Unit Operator and the Working Interest Owners; however, no such Unit Operating Agreement shall be deemed either to modify any of the terms and conditions of this Unit Agreement or to relieve the Unit Operator of any right or obligation established under this agreement agreement, and in case of any inconsistency or conflict between this agreement and the Unit Operating Agreement, this Unit Agreement agreement shall prevail. Three (3) One true copies copy of any Unit Operating Agreement executed pursuant Pursuant to this Article Section shall be filed with the Supervisor as required prior to approval of this agreementCommissioner.

ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT. 9.1 Costs If the Unit Operator is not the sole owner of working interests, costs and expenses incurred by Unit Operator in conducting Unit unit operations hereunder shall be paid, paid and apportioned among and borne by home hy the Working Interest Owners owners of working interests, all in accordance with the agreement or agreements entered into by and between the Unit Operating AgreementOperator and the owners of working interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the Unit Operator as provided in this section, whether one or more, arc herein referred to as the "unit operating agreement”. Such Unit Operating Agreement unit operating agreement shall also provide the manner in which the Working Interest Owners working interest owners shall be entitled to receive their (heir respective proportionate and allocated share of the benefits accruing hereto in conformity with their underlying operating agreements, leases leases, or other independent contracts contracts, and such other rights and obligations as between Unit Operator and the Working Interest Owners working interest owners as may be he agreed upon by the Unit Operator and the Working Interest Owners; working interest owners: however, no such Unit Operating Agreement unit operating agreement shall be deemed either to modify any of the terms and conditions of this Unit Agreement unit agreement or to relieve the Unit Operator of any right or obligation established under this agreement unit agreement, and in case of any inconsistency or conflict between this agreement and the Unit Operating Agreementunit operating agreement, this Unit Agreement agreement shall prevailgovern. Three (3) true Two copies of any Unit Operating Agreement unit operating agreement executed pursuant to this Article section shall be he filed in the proper Rureau of 1-and Management office and one true copy with the Supervisor as required Division prior to approval of this unit agreement.

ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT. 9.1 Costs and expenses incurred by Unit Operator in conducting Unit operations Operations hereunder shall be paid, apportioned among and borne by the Working Interest Owners in accordance with the Unit Operating Agreement. Such Unit Operating Agreement shall also provide the manner in which the Working Interest Owners shall be entitled to receive their respective proportionate and allocated share of the benefits accruing hereto in conformity with their underlying operating agreements, leases or other independent contracts and such other rights and obligations as between Unit Operator and the Working Interest Owners as may be agreed upon by the Unit Operator and the Working Interest Owners; however, no such Unit Operating Agreement shall be deemed either to modify any of the terms and conditions of this Unit Agreement or to relieve the Unit Operator of any right or obligation established under this agreement Agreement, and in case of any inconsistency or conflict between this agreement Agreement and the Unit Operating Agreement, this Unit Agreement shall prevail. Three (3) true copies Copies of any Unit Operating Agreement executed pursuant to this Article Section shall be filed with the Supervisor Land Commissioner and with the A.O. at the Proper BLM Office as required prior to approval of this agreementAgreement.

ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT. 9.1 Costs If the Unit Operator is not the sole owner of working interests, costs and expenses incurred by Unit Operator in conducting Unit unit operations hereunder shall be paid, paid and apportioned among and borne by the Working Interest Owners owners of working interests, all in accordance with the agreement or agreements entered into by and between the Unit Operating AgreementOperator and the owners of working interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the Unit Operator as provided in this section, whether one or more, are herein referred to as the "unit operating agreement”. Such Unit Operating Agreement unit operating agreement shall also provide the manner in which the Working Interest Owners working interest owners shall be entitled to receive their respective proportionate and allocated share of the benefits accruing hereto in conformity with their underlying operating agreements, leases leases, or other independent contracts contracts, and such other rights and obligations as between Unit Operator and the Working Interest Owners working interest owners as may be agreed upon by the Unit Operator and the Working Interest Ownersworking interest owners; however, no such Unit Operating Agreement unit operating agreement shall be deemed either to modify any of the terms and conditions of this Unit Agreement unit agreement or to relieve the Unit Operator of any right or obligation established under this agreement unit agreement, and in case of any ofany inconsistency or conflict between this agreement and the Unit Operating Agreementunit operating agreement, this Unit Agreement agreement shall prevailgovern. Three (3) true Two copies of any Unit Operating Agreement unit operating agreement executed pursuant to this Article section shall be filed in the proper Bureau of Land Management office and one true copy with the Supervisor as required Land Commissioner, and one true copy with the Division prior to approval of this ofthis unit agreement.

ACCOUNTING PROVISIONS AND UNIT OPERATING AGREEMENT. 9.1 Costs If the Unit Operator is not the sole owner of working interests, costs and expenses incurred by Unit Operator in conducting Unit unit operations hereunder shall be paid, paid and apportioned among and borne by the Working Interest Owners owners of working interests, all in accordance with the agreement or agreements entered into by and between the Unit Operating AgreementOperator and the owners of working interests, whether one or more, separately or collectively. Any agreement or agreements entered into between the working interest owners and the Unit Operator as provided in this section, whether one or more, are herein referred to as the “unit operating agreement.” Such Unit Operating Agreement unit operating agreement shall also provide the manner in which the Working Interest Owners working interest owners shall be entitled to receive their respective proportionate and allocated share of the benefits accruing hereto in conformity with their underlying operating agreements, leases leases, or other independent contracts contracts, and such other rights and obligations as between Unit Operator and the Working Interest Owners working interest owners as may be agreed upon by the Unit Operator and the Working Interest Ownersworking interest owners; however, no such Unit Operating Agreement unit operating agreement shall be deemed either to modify any of the terms and conditions of this Unit Agreement unit agreement or to relieve the Unit Operator of any right or obligation established under this agreement unit agreement, and in case of any inconsistency or conflict between this agreement and the Unit Operating Agreementunit operating agreement, this Unit Agreement agreement shall prevailgovern. Three (3) true Two copies of any Unit Operating Agreement unit operating agreement executed pursuant to this Article section shall be filed with in the Supervisor as required proper BLM office prior to approval of this unit agreement. 8.