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.