Common use of Well Status Clause in Contracts

Well Status. To the Knowledge of Delta, there are no ▇▇▇▇▇ located on the Delta Assets that: (a) Delta is obligated by Law or contract to currently plug and abandon; or (b) have been plugged and abandoned but have not been plugged in accordance with all applicable requirements of each regulatory authority having jurisdiction of the Delta Assets.

Appears in 1 contract

Sources: Contribution Agreement

Well Status. To the Knowledge of Delta, there are no ▇▇▇▇▇ located on the Delta Assets that: : (a) Delta is obligated by Law or contract to currently plug and abandon; or (b) have been plugged and abandoned but have not been plugged in accordance with all applicable requirements of each regulatory authority having jurisdiction of the Delta Assets.

Appears in 1 contract

Sources: Contribution Agreement (Delta Petroleum Corp/Co)