Dioxide Storage Agreement Sample Contracts

CARBON-DIOXIDE STORAGE AGREEMENT
Dioxide Storage Agreement • June 27th, 2023

WHEREAS, the State is the owner of the Property located in the Parishes of Jefferson and St. Charles, State of Louisiana; and

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CARBON-DIOXIDE STORAGE AGREEMENT
Dioxide Storage Agreement • October 11th, 2021 • Louisiana

WHEREAS, the properties that are the subject of this Agreement are approximately 122,455 acres in the parishes stated herein and are more particularly described below and depicted on Exhibits “B, C, and D”, attached hereto and made a part hereof; and

CARBON-DIOXIDE STORAGE AGREEMENT
Dioxide Storage Agreement • October 11th, 2021 • Louisiana

, duly authorized by a resolution of Capio’s Board of Directors, a copy of which resolution is attached hereto and made a part hereof as Exhibit “A” and whose address is .

CARBON-DIOXIDE STORAGE AGREEMENT
Dioxide Storage Agreement • September 9th, 2022 • Louisiana

WHEREAS, pursuant to La. R.S. 30:209, the State has the authority, upon a two-thirds vote of the members of the Board and after a public hearing conducted in the affected parish pursuant to La. R.S. 30:6, to enter into operating agreements whereby the State receives a share of revenues from the storage of Carbon Dioxide in whole or in part, as may be agreed upon by the Parties, in those situations where the Board determines it is in the best interest of the State either in equity or in the promotion of conservation to do so. The Board’s authority expressly extends to, but is not limited to, establishing a contractual agreement on unleased acreage to promote utilization of the State’s resources for Carbon Dioxide Storage. Further, pursuant to La. R.S. 30:209, the Board may do all other things that may appear to be necessary or desirable; and

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