Exclusive Purchase

 Option Agreement Granting Exclusive Option to Purchase Seismic Data and Oil and Gas Leases from Lease Owner
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Description option agreement exclusive

This form is used when an Owner has acquired seismic data which covers the Lands and the Optionee desires to acquire the right to examine, process, and reprocess the Data and the option to purchase the undivided interest of Owner in the Oil and Gas Leases.

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