Common use of Cost Estimates Clause in Contracts

Cost Estimates. Upon request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to this Agreement. Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 5 contracts

Samples: Operating Agreement (Egpi Firecreek, Inc.), Operating Agreement (Vanguard Natural Resources, LLC), Operating Agreement (Vanguard Natural Resources, LLC)

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Cost Estimates. Upon request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to this Agreementagreement. Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 4 contracts

Samples: Purchase and Sales Agreement (Imperial Petroleum Inc), Operating Agreement (EV Energy Partners, LP), Operating Agreement (Belden & Blake Corp /Oh/)

Cost Estimates. Upon On request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to this Agreement. Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 4 contracts

Samples: Golden Lane Participation Agreement (New Source Energy Corp), Operating Agreement (American Liberty Petroleum Corp.), Golden Lane Participation Agreement (New Source Energy Partners L.P.)

Cost Estimates. Upon request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation operations pursuant to this Agreementagreement. Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 1 contract

Samples: Farmout Agreement (PetroSouth Energy Corp.)

Cost Estimates. Upon As to each Project Area separately, upon request of any Consenting Participating Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to this Agreementagreement. Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 1 contract

Samples: Operating Agreement (Megawest Energy Corp.)

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Cost Estimates. Upon request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to this Agreement. tins agreement Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 1 contract

Samples: Operating Agreement (American Standard Energy Corp.)

Cost Estimates. Upon On request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to this Agreementagreement. Operator shall not be held liable for errors in such estimates so long as the estimates are made in good faith.

Appears in 1 contract

Samples: Operating Agreement (New Source Energy Corp)

Cost Estimates. Upon On the request of any Consenting Party, Operator shall furnish estimates of current and cumulative costs incurred for the joint account at reasonable intervals during the conduct of any operation pursuant to conducted under the terms of this Agreement. Operator shall not be held liable for good faith errors in such estimates so long as the estimates are made in good faithestimates.

Appears in 1 contract

Samples: Operating Agreement (West Texas Resources, Inc.)

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