Severed Substances. All severed crude oil, natural gas, casinghead gas, drip gasoline, natural gasoline, petroleum, natural gas liquids, condensate, products, liquids and other hydrocarbons and other minerals or materials of every kind and description produced from the Oil and Gas Properties and either (a) in storage tanks on the Effective Date or (b) sold on or after the Effective Date (the “Substances”).
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Cano Petroleum, Inc), Agreement for Purchase and Sale (Toreador Resources Corp)
Severed Substances. All severed crude oil, natural gas, casinghead gas, drip gasoline, natural gasoline, petroleum, natural gas liquids, condensate, products, liquids and other hydrocarbons and other minerals or materials of every kind and description produced from the Oil and Gas Properties and either (a) in storage tanks on the Effective Date Time or (b) sold on or after the Effective Date Time (the “Substances”).
Appears in 2 contracts
Samples: Agreement for Purchase and Sale (Resaca Exploitation, Inc.), Agreement for Purchase and Sale (Resaca Exploitation, Inc.)
