JOA definition

JOA has the meaning given to such term in the Recitals to this Agreement.

JOA means the joint operating agreement currently in force in respect of operations pursuant to a Licence and identified as such in Schedule 1;

JOA or “Operating Agreement” means the operating agreement referred to in Article VII herein.

Examples of JOA in a sentence

• OPERATOR TO CHARGE COSTS The designated operator of the Unit shall have the right to charge to each participating party its proportionate share of the actual expenditures required for the costs of developing and operating the well in the manner set forth in Exhibit “C” of the JOA.

• The requested one-year term oil and gas lease (Lease) employed by the Applicant is in the form of Exhibit "B" of the JOA.

• UNIT OPERATION The Unit described above shall be operated in accordance with the terms of the JOA and existing rules and regulations and any amendments thereto, of the Arkansas Oil and Gas Commission.

• Each such owner shall be bound by the terms of the JOA both before and after recovery of such recoupment amount and also for purposes of proposals for and the conduct of any and all subsequent operations within the Unit, for so long as there is hydrocarbon production from within the Unit.

• SHARING OF NON-CONSENT INTERESTS The designated Operator shall offer each Consenting Party in the initial well who executes the JOA, or who elects to participate under this Order, prior to the expiration of the Election Period an opportunity to acquire its proportionate share of all non-consent interests in the initial well pursuant to the terms of Article VI.B.2. of the JOA.

More Definitions of JOA

JOA means the Joint Operations Agreement between Nalcor and Emera dated July 31, 2012, relating, among other things, to the operation and maintenance of the LIL;

JOA means: (i) with respect to Properties upon which SOG is the “Operator” under the terms of the Contract Operating Agreement, the “JOA Form”, as such terms are defined therein; and (ii) with respect to Properties which are being developed, managed and operated by a “Third Party Operator”, the “Third Party JOA”, as such terms are defined in the Contract Operating Agreement.

JOA means the agreement dated July 31, 2012 between Nalcor and Emera relating, among other things, to the operation and maintenance of the ML, the LIL and the LTA;

JOA means the Joint Operating Agreement to be entered into between all of the non-governmental parties in respect of Block 4 no later than the Transfer Date. Such JOA will be based on the 1995 AIPN Model Form International Operating Agreement and the AIPN 2000 Model Form Accounting Procedure.

JOA means a joint operating agreement, in the form attached to this Agreement as Exhibit C, to be executed by the Parties, which in conjunction with this Agreement, shall govern all operations on the Joint Interests as between the Parties.

JOA means the Joint Operating Agreement entitled “International Operating Agreement” entered into between President Energy Paraguay S.A. and PHSRL dated October 29, 2012, regarding the Pirity Concession, cancelled as of October 2015;

JOA means the Joint Operating Agreement dated October 1, 2009, and effective as of May 31, 2009, by and between HAEC and SK Energy, as amended by that certain First Amendment to JOA.