The Agreement is between an Operator and Participant. The Operator is the owner of the oil and gas leases covering the acreage described as the Contract Area in the Operating Agreement attached to this Agreement as Exhibit A . The Participant desires to acquire an undivided percent leasehold working interest in the Leased Acreage, and participate in drilling the well, which will be an approximate ft. test, which will be located on the Leased Acreage.
Ohio Participation Agreement for Single Well
Category:
State:
Multi-State
Control #:
US-OG-218
Format:
Word;
Rich Text
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How to fill out Participation Agreement For Single Well?
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FAQ
A joint participation agreement is a contract between a local government and transit company that outlines the terms of their partnership toward public transit. This includes details regarding what roles and responsibilities each party takes on under the contract.
A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
Joint participation refers to when a private person works together with a government entity or state official to perform public functions. This means that the private person is subject to claims under civil-rights laws. It is also known as joint activity.
Agreement to Participate means the agreement evidencing an Eligible Employee's election to participate in the Plan and setting forth the amount of Health Reimbursement Benefits to be made available to the Participant for a Plan Year or portion of a Plan Year as reimbursement for Qualified Expenses.
Generally, participation agreements involve one or more participants who purchase an interest in the underlying loan, but a single lender, the lead lender, retains control over the loan and manages the relationship with the borrower.
Generally, participation agreements involve one or more participants who purchase an interest in the underlying loan, but a single lender, the lead lender, retains control over the loan and manages the relationship with the borrower.