This form is used in the event any part to this Agreement elects not to participate in a Horizontal Exploratory Well, the non-participating party shall, on commencement of operations for the well, relinquish to the participating party one hundred percent (100%) of its rights, title, and interests in and to that portion of the Contract Area included within the Drilling Unit for the well and one hundred percent (100%) of the party’s rights, title, and interests in and to that portion of the Contract Area.
Virgin Islands Relinquishment Provision - Horizontal Well
Category:
State:
Multi-State
Control #:
US-OG-718
Format:
Word;
Rich Text
Instant download
Description
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