Examples of Oil and Gas Interests in a sentence
Changes in estimates which result in a revision of the net present value of the provision are accounted for by adjusting the provision, with a corresponding entry to Oil and Gas Interests.
A corresponding abandonment asset is recorded in Oil and Gas Interests and is depreciated in accordance with the Company’s depreciation policy set out at (iii) above.
The Receiver also is attempting to recover and reinitiate payments from operators who have placed Breitling revenues in suspense for a variety of reasons.On May 30, 2019, the Receiver filed his Motion (1) for Authority to Sell Oil and Gas Interests; (2) for Authority to Retain Sales and Marketing Firm; and (3) for Approval of Sales Procedures (Dkt.
For article, "Compulsory Pooling of Oil and Gas Interests in New Mexico," see 3 Nat.
CG retained a working interest in every property that CELP accepted, and thereafter the parties created “Exploration and Development Areas encompassing the subject Oil and Gas Interests for the purpose of drilling exploration and/or development wells.” Id. at 3 § 6.1. CELP agreed to explore and develop these areas under the E&D Agreement and a modified A.A.P.L. Form 610-1982 Model Form Operating Agreement attached as Exhibit B to the E&D Agreement.