Guam Area of Mutual Interest Agreement
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How to fill out Area Of Mutual Interest Agreement?
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FAQ
An area of mutual interest (AMI) contract describes the geographic area contained in the AMI, the rights of each party (such as the percentage interest allocated to each company), the agreement's term, and how contract provisions are to be implemented.
Mutual interests are shared hobbies, passions, or activities that can provide common ground for conversation and connection during flirting. Exploring mutual interests can create a sense of familiarity and make the other person feel more comfortable and engaged.
Total operated basis: The total reserves or production associated with the wells operated by an individual operator. This is also commonly known as the "gross operated" or "8/8ths" basis.
Area of Mutual Interest (AMI): a geographic area generally defined by a contract (e.g., Farmout, JOA, JDA or similar agreement) within which two or more persons hold an interest.