Common use of Development Well Clause in Contracts

Development Well. If the Required Well is a Development Well, it shall be Drilled by Unit Operator for the account of all Parties within the participating area in which the well is Drilled; or

Appears in 1 contract

Sources: Joint Exploration Agreement (Warren Resources Inc)

Development Well. If the Required Well is a Development Well, it shall be Drilled in accordance with the provisions of Article 8 by Unit Operator for the account of all Parties within the participating area in which the well is Drilled; or

Appears in 1 contract

Sources: Unit Operating Agreement (Warren Resources Inc)