Net Wells definition
Net Wells means the aggregate number of producing or non-producing bitumen, oil or gas wells obtained by multiplying each Gross Well by Athabasca’s percentage working interest therein.
Net Wells means the Debtors’ aggregate fractional working interests in gross wells.
Net Wells means the sum of the fractional working interests owned in gross wells.
Examples of Net Wells in a sentence
This paragraph shall not apply to equipment or supplies purchased by the Operators for operation of their businesses which do not become physical components or fixtures associated with operation of the Net Well(s) or gathering facilities appurtenant to the Net Well(s) constructed under the Operating Agreements.
Net Wells needed out of the 6th ▇▇▇▇ to equal ex▇▇▇▇▇ 4 Net Wells .65X=.3 X=.3/.65 X=46.154%.
More Definitions of Net Wells
Net Wells means the total wells in which the Corporation will acquire an interest, multiplied by the working interest therein that relates to a 50% interest in the Optioned Properties.
Net Wells means the aggregate of the numbers obtained by multiplying each gross well by Corridor's percentage working interest in that well;
Net Wells means the total wells in which Pointwest has a working interest, multiplied by the working interest therein.
Net Wells. ’ means the aggregate of the numbers obtained by multiplying each gross well by the percentage working interest therein.
Net Wells means the number of gross wells multiplied by the Corporation’s working interest therein.
Net Wells means the aggregate number of producing or non-producing bitumen, oil or gas wells obtained by multiplying each Gross Well
Net Wells means the aggregate of the numbers obtained by multiplying each gross well by the percentage Working Interest therein of the prior owners of the Carlyle Properties.