NFEI definition
NFEI shall have the meaning set forth in the Recitals.
Examples of NFEI in a sentence
In the event NFEI fails to drill the initial test well or fulfill any of the additional obligations stated in Section 6 this Agreement, then this agreement shall terminate on the anniversary date of the agreement in which the triggering event occurs unless extended my mutual written consent of the parties to this agreement.
WELL NFEI shall drill one initial test well within the first year of this agreement and two additional wells within the first thee years of this Agreement.
Therea▇▇▇▇, NFEI shall either drill at least one well per year, shoot additional seismic or acquire additional acreage within the AMI in order to keep this agreement in force and effect.