Subsurface Resource definition
Subsurface Resource means Minerals, Petroleum and Quarry Materials but excludes:
Subsurface Resource for the purposes of this MOA means Minerals, Petroleum, Quarry Materials and Geothermal Resources.
Examples of Subsurface Resource in a sentence
The ACEP-WRE deed document would be also have exhibits attached, identified above, including: Exhibit C – Subsurface Resource Restrictions Exhibit D – Water Uses and Water Rights Exhibit E – Reservation of Grazing Rights Dated this day of [month, [year].
This net present value shall be determined through technical and economic feasibility and financing studies conducted by an agency or agencies qualified in conducting such studies, operating independently at arm’s length from the Specified Material and Subsurface Resource rights holders, and conforming to accepted industry standards.