Oregon Area of Mutual Interest

State:
Multi-State
Control #:
US-OG-695
Format:
Word; 
Rich Text
Instant download

Description

This form creates an Area of Mutual Interest (AMI) comprising the Contract Area. During the term of this AMI, if any Party acquires all or any interest in any Oil and Gas Leases, any mineral interest, or any farmouts or other contracts which affect lands and minerals lying within the AMI, the Acquiring Party shall promptly advise each of the other Parties of the acquisition, at which time each Offeree shall have the right to acquire its proportionate interest in the Oil and Gas Interest.


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FAQ

A person who is the friend of two people who may or may not know each other: Lynn and Phil met through a mutual friend. SMART Vocabulary: related words and phrases.

?mutual interest?, refers to ?the industrial or economic relationship between. employer and employee? (Brassey The New Labour Law (1987) 246). Strikes fall under industrial action by employees and are also seen as an exercise of economic power by employees. ?MATTERS OF MUTUAL INTEREST? FOR PURPOSES OF A STRIKE journals.co.za ? doi ? pdf ? EJC184713 journals.co.za ? doi ? pdf ? EJC184713

Examples of mutual interest Additionally, there was also a separate group, the members of which have a mutual interest in drugs and drug-related crime. All have a mutual interest in the electronic exchange of the full texts of documents.

1. : shared between two or more people or groups. Mutual love and respect was the key to their successful marriage. The partnership was based on mutual admiration and understanding. mutual trust.

(of two or more people or groups) feeling the same emotion, or doing the same thing to or for each other: Theirs was a partnership based on mutual respect, trust and understanding.

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. Area Of Mutual Interest (AMI): What It is, How It Works Investopedia ? Commodities ? Oil Investopedia ? Commodities ? Oil

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Oregon Area of Mutual Interest