Utah Area of Mutual Interest Agreement

State:
Multi-State
Control #:
US-OG-682
Format:
Word; 
Rich Text
Instant download

Description

This form is an agreement between parties that own leasehold interests created by oil and gas leases. To facilitate the coordinated acquisition of additional Leases and exploration for and development of oil, gas, and other minerals from lands located in the general area of the Parties Leases, the Parties desire to enter into this Agreement to create an Area of Mutual Interest (the AMI).
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FAQ

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. MUTUAL INTEREST collocation | meaning and examples of use Cambridge Dictionary ? example ? english Cambridge Dictionary ? example ? english

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.

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.

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Utah Area of Mutual Interest Agreement