SELLER'S RESERVATIONS. 5.1 Seller hereby expressly reserves unto itself, it successors and assigns, the following rights with respect to its interests in the oil and gas properties committed by Seller to Buyer hereunder together with sufficient gas produced therefrom to satisfy such rights:
SELLER'S RESERVATIONS. A. Seller reserves any and all rights not expressly conveyed to Buyer in the Assignment, including, without limitation, all existing xxxxx, equipment, facilities, and other personal property on or related to the Property; all of Seller's right, title and interest in and to all depths outside the Mississippi Formation; the right to drill and complete new xxxxx on the Leases for the production of Hydrocarbons from formations other than the Mississippi Formation: and all right, title and interest of Seller within the Mississippi Formation necessary to allow Seller to re-enter, workover, complete, re-complete, fracture treat, and produce Hydrocarbons from the Mississippi Formation in any well which has been drilled on the Leases (or on lands unitized therewith) prior to the execution of this Agreement (provided, however, Seller shall not convert an existing vertical well into a horizontal well targeting production from the Mississippi Formation). It is expressly understood and agreed that Seller shall not have the right to drill and complete xxxxx on any Lease for production of Hydrocarbons from the Mississippi Formation during the Primary Term, Extended Primary Term (as such term is hereinafter defined), or during the term of any Secondary Term Assignment (as such term is hereinafter defined) of such Lease.
SELLER'S RESERVATIONS. 4.1.1 To operate said Leases and/or Wxxxx free from control by BUYER in such manner as SELLER, in SELLER’s sole discretion, may deem advisable, including, without limitation, the right to drill new Wxxxx, to repair and rework old Wxxxx, and to abandon any Well or surrender any Lease when no longer deemed to be capable of producing Gas in commercial paying quantities under normal methods of operation by SELLER.
SELLER'S RESERVATIONS. Seller reserves the right to deepen, rework, plug or perform any other work on the gas, wxxxx or property dedicated to Buyer herein at its sole discretion.
SELLER'S RESERVATIONS. 1. Seller reserves and excepts from the terms of this Contract the following:
SELLER'S RESERVATIONS. This Agreement does not apply to, and Seller expressly excludes from this Agreement and reserves unto itself, its successors, and assigns, the following rights:
SELLER'S RESERVATIONS. Seller reserves the following rights (and reasonable quantities of Gas to satisfy same): (i) to operate xxxxx producing from the Committed Reserves as a reasonably prudent operator, (ii) to separate or process the Gas using only mechanical, ambient temperature equipment located at surface production facilities on the Subject Leases, (iii) to use Gas produced from the Committed Reserves for operating the xxxxx located thereon, (iv) to pool or unitize the Committed Reserves, in which event this Agreement shall cover Seller’s Interest therein, and (v) to process Gas delivered hereunder in the Rogersville Plant for the extraction of natural gas liquids under the Processing Agreement. In addition, Seller’s reservations also include the volumes of Gas sold under the Stand Contract, subject to the provisions of Section 3.6 and 3.7 below with regard thereto.
SELLER'S RESERVATIONS. 13.1 Seller hereby expressly reserves unto itself the following rights:
SELLER'S RESERVATIONS. There are reserved to Sellers the following:
SELLER'S RESERVATIONS. Seller reserves the following rights, together with, as applicable, commercially reasonable quantities of Gas to satisfy such rights: (i) to supply Gas to the owners of the oil and gas fee interest, leasehold or other oil and gas property interest (collectively, the "Property Interests") covering xxxxx upstream of the Receipt Point(s) to the extent such owners are entitled thereto under the terms of existing oil and gas Property Interests, (ii) to supply Gas from xxxxx upstream of the Receipt Point(s) for developing and operating the xxxxx and for the operation of facilities utilized for the sole purpose of delivering Gas from the xxxxx to Buyer at the Receipt Point(s), and (iii) to process the Gas prior to delivery to Buyer hereunder for the recovery of liquefiable hydrocarbons, provided that the Gas thereafter meets the Specifications provided for herein. The volume estimates set forth on the Confirmation assume Seller's exercise of the foregoing rights and represent Seller’s Daily Deliverability of Gas, after deduction therefore.
