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.
Virgin Islands Area of Mutual Interest
Category:
State:
Multi-State
Control #:
US-OG-695
Format:
Word;
Rich Text
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Nearly 100 islands and cays make up the Virgin Islands, and each boasts its own unique charm and appeal. These Caribbean island hideaways are world-renowned for their water sports, shipwreck dives and underwater adventures, surf-worthy waves, and perfect beaches.
Experts think that the Arawak people were the first to settle on the three main islands that are now known as the U.S. Virgin Islands (USVI): St. Thomas, St. Croix, and St. John.
With an active and diverse business community, the USVI is fertile ground for companies to thrive. The economic landscape of traditional and emerging industries include financial services, information technology, advanced manufacturing, and tourism and hospitality.
Experience our rich culture and storied history, pristine beaches, turquoise waters, natural diversity and smiling, friendly people who can't wait to warmly welcome you to America's Caribbean Paradise. St. St Croix is known for gorgeous beaches, world-class activities, fine dining, resorts, and golf courses.
Tourism, trade, and other services are the primary economic activities, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment. The islands host nearly 3 million tourists per year, mostly from visiting cruise ships.
The median income in the Virgin Islands is $37,706.
The economy of the United States Virgin Islands is primarily dependent upon tourism, trade, and other services, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment. Close to two million tourists per year visit the islands. The government is the single largest employer.
The U.S. Virgin Islands consist of the main islands of Saint Croix, Saint John, and Saint Thomas and 50 other surrounding minor islands and cays. The total land area of the territory is 133.73 square miles (346.36 km2).