Common use of ADDITIONAL DEVELOPMENT WELLS Clause in Contracts

ADDITIONAL DEVELOPMENT WELLS. Any number of Complete▇ ▇▇▇elopment Wells drilled which result i▇ ▇▇▇ Annual Drilling Target being exceeded in any Annual Period may be carried forward and applied against Operator's obligation, if any, under Section 2.01(a) for the subsequent Annual Period.

Appears in 2 contracts

Sources: Development Agreement (Energy Corp of America), Development Agreement (Energy Corp of America)

ADDITIONAL DEVELOPMENT WELLS. Any number of Complete▇ Completed Dev▇▇▇elopment ▇▇ent Wells drilled which result i▇ in the ▇▇▇ Annual ▇▇al Drilling Target being exceeded in any Annual Period may be carried forward and applied against Operator's obligation, if any, under Section 2.01(a) for the subsequent Annual Period.

Appears in 1 contract

Sources: Development Agreement (Energy Corp of America)