DEPTH. Subject to the right of the Partnership to direct the stoppage of work at any time (as provided in paragraph 7), the Texas and Kentucky Venture Well▇ ▇▇▇ll be drilled to the depth as specified in Exhibit "1" or to the depth at which the production casing (oil string) is set, whichever depth is first reached, which depth is hereinafter referred to as the "Contract Depth."
Appears in 3 contracts
Sources: Material Contracts (Blue Ridge Energy Inc), Turnkey Drilling Contract (Blue Ridge Energy Inc), Turnkey Drilling Contract (Blue Ridge Energy Inc)