AFE definition

Examples of AFE in a sentence

  • Other than as set forth in Section 4.2(pp) of the Crew Disclosure Letter, there is no AFE approved or deemed approved by Crew pursuant to which Crew will be obliged to a Third Party to make or advance money in respect of expenditures with respect to the Assets.


More Definitions of AFE

AFE means an Authority for Expenditure prepared by a party to this agreement for the purpose of estimating the costs to be incurred in conducting an operation hereunder.
AFE shall have the meaning set forth in Section 4.13.
AFE means an authorization for expenditure representing an estimate of work to be performed for a specific drilling, completion or other operation.
AFE has the meaning set forth in Section 3.11.
AFE means any authorization for expenditure or other capital proposal to conduct operations relating to the Oil & Gas Assets.