Operator Designation Sample Clauses

Operator Designation. 3 (b) Management Fee.................................................3 (c) Change of Operator.............................................4

Operator Designation. Dolphin and Xxxxxx (or his assignee) shall be jointly designated as Operator under the Apollo Agreements. Provided, however, for the first thirty-six (36) months of operations under the Operating Agreement, commencing on the effective date of the Operating Agreement, Xxxxxx hereby assigns all his rights and obligations as operator, and Dolphin agrees to assume all rights and obligations as operator, under the Apollo Agreements, such that Dolphin shall be contract operator or sub-operator under the Operating Agreement.

Operator Designation. Exxel shall be designated as Operator under the Operating Agreement. Provided, however, subject to Section 7(c) below, Exxel and Dolphin shall enter into a sub-operating agreement pursuant to which Dolphin shall be sub-operator for three years from the date of the first amendment to the Original Participation Agreement (March 16, 2005). The sub-operating agreement shall provide for Dolphin, as sub-operator, to have the same obligations as the Operator has pursuant to the Operating Agreement. As sub-operator, Dolphin shall use its best efforts to cause commencement of the first test well (as required pursuant to Section 5.1 of the Apollo Agreements no later than December 31, 2005, and the commencement of drilling of the nine additional test xxxxx required under the Apollo Agreements no later than August 22, 2006.