Mutual Interest Lands means any interest in any parcel of oilsands or petroleum and natural gas rights falling within 3 miles of the Farmout Lands or any portion thereof; and
Mutual Interest Lands means any parcel of land or other interest 50% or more of the surface area of which is located within the Area of Mutual Interest.
Mutual Interest Lands means the area outlined in red excluding Xxx 000 Xxx 00X0X: Xxx 00- X&XX to base Mannville as set forth in Schedule "C" attached hereto;
Examples of Mutual Interest Lands in a sentence
The following Schedules are attached hereto and are incorporated into this Agreement: Schedule "A" which sets forth the Farmout Lands, the Title Documents, the Pre-Farmout Working Interest and the Encumbrances; Schedule "B" which sets forth the rates, elections and modifications to the Farmout & Royalty Procedure; Schedule "C" which sets forth the Mutual Interest Lands; Schedule "D" which sets forth Fannor's well data requirement sheet as referred to in Article 9.00 of the Farmout & Royalty Procedure.
More Definitions of Mutual Interest Lands
Mutual Interest Lands means any interest in any single parcel of petroleum and natural gas rights, oil sands leases, and oil sands permits where 50% or more of that parcel, by surface area, is within Townships 91 and 92, Ranges 12 and 13, W5M;
Mutual Interest Lands means Sections 1, 2, 11, 12, E13, 14, S23 and S24 in 87-7 W6, and Sections 6, 7, and 18 in 87-6 W6.
Mutual Interest Lands means any interest in any parcel of petroleum and natural gas rights falling within one mile around NE Section 26, Twp. 22, Rge. 7, W4M.
Mutual Interest Lands means any interest in any single parcel of petroleum and natural gas rights, where 50% or more of that parcel, by surface area, is within the area defined in Schedule "D".
Mutual Interest Lands has the meaning set forth in the Head Agreement, if applicable.
Mutual Interest Lands means the lands which fall within a ten (10) mile corridor surrounding each separate block of Agreement Lands;
Mutual Interest Lands means any leases, and any other documents of title including without limitation any agreements granting, reserving or otherwise conferring rights to explore for, drill for, produce, take, use, market, share in the production of or the proceeds from the sale of Petroleum Substances; any portion of which lie fifty (50%) percent or more within the Prospect Area.