Producing Lease definition

Producing Lease means a lease or licence of natural gas rights issued pursuant to the MMA, of which Imperial is, according to the records of the Department, the sole lessee or the holder of a specified undivided interest;
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Producing Lease or "Producing Unit" means a lease or waterflood/enhanced oil recovery unit that has produced and sold oil within the preceding 12 month period.
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Producing Lease means an oil and gas mining lease and leasehold estate in Kansas.
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Examples of Producing Lease in a sentence

  • While the Debentures remain outstanding, the Company shall deliver to each Purchaser written copies of each gauge report produced by the Company’s independent field operator setting forth the production volumes of each Producing Lease, unless instructed in writing by a Purchaser and the Company will no longer be required to deliver such reports to such Purchaser.

  • While the Debentures remain outstanding, the Company shall deliver to each Purchaser written copies of each gauge report produced by the Company's independent field operator setting forth the production volumes of each Producing Lease, unless instructed in writing by a Purchaser and the Company will no longer be required to deliver such reports to such Purchaser.

  • To the Principal Member’s Knowledge, the Company has adequate rights of ingress and egress with respect to each Producing Lease and, with respect to each Lease that the Company currently plans to mine within 6 months of the Closing Date, and to all fixtures and improvements used by the Company in its operations on such Producing Leases and such Leases, as applicable.