Common use of Oil and Gas Operations Clause in Contracts

Oil and Gas Operations. (a) All xxxxx included in the Oil and Gas Interests have been drilled, and if completed, completed, operated and produced in accordance with prudent oil and gas field practices applicable to the geographical area where located and in compliance in all material respects with applicable Oil and Gas Interests and Hydrocarbon Contracts and applicable Laws governing such xxxxx in the Republic of Kazakhstan and the Russian Federation.

Appears in 2 contracts

Samples: Investment Agreement (Transmeridian Exploration Inc), Investment Agreement (Transmeridian Exploration Inc)

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Oil and Gas Operations. (a) All xxxxx wxxxx included in the Oil and Gas Interests have been drilled, and if completed, completed, operated and produced in accordance with prudent oil and gas field practices applicable to the geographical area where located and in compliance in all material respects with applicable Oil and Gas Interests and Hydrocarbon Contracts and applicable Laws governing such xxxxx wxxxx in the Republic of Kazakhstan and the Russian Federation.

Appears in 2 contracts

Samples: Investment Agreement (United Energy Group LTD), Investment Agreement (United Energy Group LTD)

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Oil and Gas Operations. (a) All xxxxx included in the Oil and Gas Interests have been drilled, drilled and (if completed, ) completed, operated and produced in accordance with prudent generally accepted oil and gas field practices applicable to the geographical area where located and in compliance in all material respects with applicable Oil oil and Gas Interests and Hydrocarbon Contracts gas leases and applicable Laws laws, rules and regulations governing such xxxxx in the Republic of Kazakhstan and the Russian Federation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Transmeridian Exploration Inc)

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