Common use of Wells Clause in Contracts

Wells. To Texoil's Knowledge, (i) all of the Texoil Wells which have b▇▇▇ ▇rilled and completed on the Texoil Oil and Gas ▇▇▇▇▇ests have been drilled and completed within the boundaries of the Texoil Leases or within the limit otherwise permitted by contract, pooling or unit agreement and by laws; (ii) and all drilling and completion, and plugging and abandonment, of such wells and all development and operations on the Texoil Oil and Gas Int▇▇▇▇▇s have been conducted in compliance with all applicable laws, ordinances, rules, regulations and permits, and judgments, orders and decrees of any governmental authority. To Texoil's Knowledge, there are no wells located on the Texoil Leases (other than the Texoil Wells) which ▇▇▇▇ not been plugged and abandoned in accordance with al▇ ▇▇▇s, statutes, ordinances, decrees, requirements, orders, judgments, rules and regulations of, including all licenses and permits issued by governmental authorities. To Texoil's Knowledge, none of the Texoil Wells is subject to penalty or reduced allowables after the date hereo▇ ▇▇▇ause of any overproduction or other violation of applicable laws, rules, regulations or permits or judgments, orders or decrees of any governmental authority which would prevent any of such Texoil Wells from being entitled to its full legal and regular allowable from ▇▇▇ after the date hereof as prescribed by any governmental authority.

Wells. To TexoilCliffwood's Knowledge, (i) all of the Texoil Cliffwood Wells which have b▇▇▇▇ ▇rilled been drilled and completed on the Texoil Cliffwood Oil and Gas G▇▇ ▇▇▇▇▇ests terests have been drilled and completed within the boundaries of the Texoil Cliffwood Leases or within the limit otherwise permitted by contract, pooling or unit agreement and by laws; and (ii) and all drilling and completion, and plugging and abandonment, of such wells and all development and operations on the Texoil Cliffwood Oil and Gas Int▇▇▇▇▇s ests have been conducted in compliance with all applicable laws, ordinances, rules, regulations and permits, and judgments, orders and decrees of any governmental authority. To TexoilCliffwood's Knowledge, there are no wells located on the Texoil Cliffwood Leases (other than the Texoil Cliffwood Wells) which ▇▇▇▇ ▇h have not been plugged and abandoned in accordance with al▇ ▇▇▇s, statutes, ordinances, decrees, requirements, orders, judgments, rules and regulations of, including all licenses and permits issued by governmental authorities. To TexoilCliffwood's Knowledge, none of the Texoil Cliffwood Wells is subject to penalty or reduced allowables after the date hereo▇ ▇▇▇ause of any overproduction or other violation of applicable laws, rules, regulations or permits or judgments, orders or decrees of any governmental authority which would prevent any of such Texoil Cliffwood Wells from being entitled to its full legal and regular allowable from ▇▇▇ after the date hereof as prescribed by any governmental authority.