PTUA definition

PTUA means the Unit Agreement for the Development and Operation of the Point Thomson Unit effective August 1, 1977, including all amendments thereto.
PTUA means the

Examples of PTUA in a sentence

  • The terms of this Agreement are subject to the unavoidable delay provisions of Section 25 of the PTUA.

  • The inclusion of leases in the PA does not constitute a determination under Section 11 of the PTUA of the land that otherwise would be included in the PA.

  • If the WIOs submit a POD for the Brookian by year-end 2018 that is approved by DNR, the acreage listed in Area F on Exhibit C shall remain in the Point Thomson Unit after any Unit contraction at year-end 2019 and shall be maintained through approved PODs or formation of expanded or new PA(s) in accordance with the PTUA including applicable State law.

  • The remaining acreage in Area D shall be subject to the PTUA including applicable State law.

  • The WIOs’ rights to such an expansion of the PA and DNR’s decisions regarding same shall be governed by the PTUA including applicable State law.

  • Approval of the tract allocation factors contained in Exhibit C shall be subject the terms of the PTUA including applicable State law.

  • The remaining acreage listed within Area E on Exhibit C shall be included in the acreage listed in Area D on Exhibit C and subject to the terms of the PTUA including applicable State law.

  • In the event of any conflict or inconsistency between this Agreement and the PTUA, this Agreement controls.

  • For purposes of this paragraph the WIOs agree not to assert that Section 21 of the PTUA applies in any respect to review of or a decision on the proposed alternative POD.

  • Subject to and as modified by the terms of this Agreement, the relationship between DNR and the WIOs shall continue to be governed by the PTUA including applicable State law.