Trades. Operator may, with approval of the Operating Committee, make well trades and data trades for the benefit of the Parties, with any data so obtained to be furnished to all Parties who participated in the cost of the data that was traded. Operator shall cause any third party to such trade to enter into an undertaking to keep the traded data confidential.
Appears in 10 contracts
Samples: Overriding Royalty Agreement (Bontan Corp Inc), Purchase and Sale Agreement (Hyperdynamics Corp), Farmout Agreement (Hyperdynamics Corp)
Trades. Notwithstanding the foregoing provisions of this Article XV, Operator may, with approval of the Operating Committee, make well trades and data trades for the benefit of the Parties, with any data so obtained to be furnished to all Parties who participated in the cost of the data that was traded. Operator shall cause any third party to such trade to enter into an undertaking to keep the traded data confidential.
Appears in 3 contracts
Samples: Joint Operating Agreement, Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement (Kosmos Energy Ltd.)
Trades. Operator may, with approval of the Operating CommitteeCommittee and subject to the Contract, make well trades and data trades for the benefit of the Parties, with any data so obtained to be furnished to all Parties who participated in the cost of the data that was traded. Operator shall cause any third party to such trade to enter into an undertaking to keep the traded data confidential.
Appears in 1 contract
