Common use of Prospects Clause in Contracts

Prospects. Exhibit "A" lists Prospects initially to be acquired by the Partnership, and its proportionate working interest in each Prospect. Most ▇▇▇▇▇ to be drilled by the Partnerships will be offsets to producing ▇▇▇▇▇. Therefore, it is unlikely that a well drilled on a Prospect will prove up any additional acreage outside the Prospect. If a Partnership well does prove up additional acreage, PDC will assign the Partnership a proportionate interest in such spacing units.

Prospects. Exhibit "A" lists Prospects initially to be acquired by the Partnership, and its proportionate working interest in each Prospect. Most ▇w▇▇▇▇ to be drilled by the Partnerships will be offsets to producing ▇w▇▇▇▇. Therefore, it is unlikely that a well drilled on a Prospect will prove up any additional acreage outside the Prospect. If a Partnership well does prove up additional acreage, PDC will assign the Partnership a proportionate interest in such spacing units.

Prospects. Exhibit "A" lists Prospects initially to be acquired by the Partnership, and its proportionate working interest in each Prospect. Most ▇▇▇▇▇ to be drilled by the (he Partnerships will be offsets to producing ▇▇▇▇▇. Therefore, it is unlikely that a well drilled on a Prospect will prove up any additional acreage outside the Prospect. If a Partnership well does prove up additional acreage, PDC will assign the Partnership a proportionate interest in such spacing units.

Prospects. Exhibit "A" lists Prospects initially to be acquired by the Partnership, and its proportionate working interest in each Prospect. Most ▇▇▇▇▇ to be drilled by the Partnerships will be offsets to producing ▇▇▇▇▇. Therefore, it is unlikely that mat a well drilled on a Prospect will prove up any additional acreage outside the Prospect. If a Partnership well does prove up additional acreage, PDC will assign the Partnership a proportionate interest in such spacing units.