South West Cymric Project definition

South West Cymric Project means an area of 1,343 acres located west of the Cymric Oil Field, of which the Corporation owns a 66.67% working interest.

Examples of South West Cymric Project in a sentence

  • The South West Cymric Project is located west of the Cymric Oil Field, in Kern County, California.

  • For total consideration of $400,000, Legacy acquired the right to operate the South West Cymric Project and holds a 66.67% working interest in the South West Cymric Project.

  • Upon reaching the casing point, Legacy’s partner in the South West Cymric Project has an election to pay 100% of their 33.33% share.

  • On January 1, 2008, Legacy signed a farm-in agreement with an independent oil and natural gas company for an area of mutual interest totalling 1,343 acres in connection with the South West Cymric Project.

  • In December 2009, NiMin drilled the initial test well at the South West Cymric Project.

Related to South West Cymric Project

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