Common use of Operations by All Parties Clause in Contracts

Operations by All Parties. Any PARTY may propose an EXPLORATORY WELL by notifying the other PARTIES. If all the PARTIES agree to participate in drilling the proposed well, OPERATOR shall drill same for the benefit of all PARTIES.

Appears in 2 contracts

Samples: Agreement (Beta Oil & Gas Inc), Agreement (Beta Oil & Gas Inc)

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Operations by All Parties. Any PARTY may propose an EXPLORATORY XXXXXRATORY WELL by notifying the other PARTIES. If all the PARTIES agree to participate in drilling the proposed well, OPERATOR shall drill same such well for the benefit of all PARTIES.

Appears in 1 contract

Samples: The Purchase and Sale Agreement (Primeenergy Corp)

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Operations by All Parties. Any PARTY may propose an EXPLORATORY xx XXPLORATORY WELL by notifying the other PARTIES. If all the PARTIES agree to participate in drilling the proposed well, OPERATOR shall drill same for the benefit of all PARTIES.

Appears in 1 contract

Samples: Joint Operating Agreement (Ridgewood Energy K Fund LLC)

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