Petroleum and Natural Gas Rights definition

Petroleum and Natural Gas Rights means the Vendor’s entire interest in those Petroleum Substances underlying the Lands in the respective formations to the extent that the same are described in Schedule “A” and are granted by the Leases, subject to the Permitted Encumbrances, and includes the interest and right of the Vendor in any lands or leases with which those Petroleum Substances have been pooled or unitized;
Petroleum and Natural Gas Rights means all rights to and in respect of the Leased Substances and the Title Documents (but only to the extent that the Title Documents pertain to the Lands), including without limitation the interests set out and described in Schedule "A";
Petroleum and Natural Gas Rights means, in respect of a person, all of its right, title, estate and interest, whether contingent or absolute, legal or beneficial, present or future, vested or not, and whether or not an "interest in land", at such time in and to any, or such as are stipulated, of the following, by whatever name the same are known:

Examples of Petroleum and Natural Gas Rights in a sentence

  • The Corporation, FHT and the Partnership acknowledge that control over operations on some of the Properties may be delegated to Third Party Operators under Applicable Operating Procedures, which will limit the management and control which Manager can exercise and that, in accordance with accepted industry practices in regard to the operation of Petroleum and Natural Gas Rights by Third Party Operators, Manager may not maintain complete records with respect to such Properties.

  • SCHEDULE A Part 1 Lands and Petroleum and Natural Gas Rights Part 2 Xxxxx SCHEDULE B FACILITIES AND PIPELINES SCHEDULE C FORM OF GENERAL CONVEYANCE GENERAL CONVEYANCE THIS GENERAL CONVEYANCE made the day of , 2022.

  • Appended to this Agreement are the following Schedules: Schedule A - Part 1: Lands, Petroleum and Natural Gas Rights Part 2: Xxxxx Schedule B - Facilities and Pipelines Schedule C - Form of General Conveyance Schedule D - Form of Officer’s Certificate Schedule E - Disclosed Matters Schedule F - White Map Area Schedule G - Pipeline Records These Schedules are incorporated into and form part of this Agreement.

  • Upon the date on which any Person earns any interest in the Petroleum and Natural Gas Rights comprised in the Properties pursuant to such a farmout agreement, the interest in the portion of the Royalty to the extent it is calculated with reference to production from or otherwise relates to such Petroleum and Natural Gas Rights shall merge in the interest in such Petroleum and Natural Gas Rights and such interest in the Royalty shall thereupon terminate.

  • There are appended to this Agreement the following schedules pertaining to the following matters: Schedule "A" - Lands, Petroleum and Natural Gas Rights, Xxxxx and Rights of First Refusal Schedule "B" - General Conveyance Schedule "C" - Form of Officer’s Certificate Schedule "D" - Form of Court Order Schedule “E” - ROFR Assets Such schedules are incorporated herein by reference as though contained in the body hereof.


More Definitions of Petroleum and Natural Gas Rights

Petroleum and Natural Gas Rights means all of Vendor's right, title and interest in and to:
Petroleum and Natural Gas Rights means the Vendor's Interest in and to all rights to and in respect of the Leased Substances and the Title Documents (but only to the extent that the Title Documents pertain to the Lands);
Petroleum and Natural Gas Rights means Quattro's entire right, title and interest in and to all rights to and in respect of the Leased Substances and the Title Documents (but only to the extent that the Title Documents pertain to the Lands), including the interests set out and described in Schedule "A";
Petroleum and Natural Gas Rights means the entire undivided right, title and interest of Vendor at the Effective Date, in and to the Petroleum Substances in the Lands or any lands pooled or unitized therewith and in and to any royalty rights in the Lands, which interests are, including without limitation, those interests set forth in Schedule "A";
Petroleum and Natural Gas Rights means the undivided interests described in Schedule "A" including working interests, royalty interests, participation interests or any other interests in respect of the Leases and the Lands or lands with which the Lands are pooled or unitized, whether legal, beneficial or both;
Petroleum and Natural Gas Rights means the entire interests of Vendor in and to the Leases and the Lands, including without limitation, the interests set out in Schedule “A”;
Petroleum and Natural Gas Rights means the entire right, title, estate and interest of Excelaron in and to: