Valued Well definition
Valued Well means a well to be drilled in the future upon a Valued Well Location, which (for the purposes of determining Defensible Title thereto and any Title Defects associated therewith pursuant to this Agreement) shall be treated as if such well had been drilled and completed and was in existence at or prior to the date of this Agreement.
Examples of Valued Well in a sentence
The portions of the reserve reports listing the ▇▇▇▇▇ and Valued Well Locations, and the Company’s or any Subsidiary’s Working Interest and Net Revenue Interest therein, are attached hereto as Company Schedule 4.19.