Orange California Reservation of A Call on, Or Preferential Right to Purchase Production by Lessor

State:
Multi-State
County:
Orange
Control #:
US-OG-820
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Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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The right that nonselling participating parties have in a lease, well or unit to proportionately acquire the interest that a participating party proposes to sell to a third party.

Before Payout (BPO): The period before a well has paid out the costs to drill, complete and operate. 6. Carried Interest: a fractional interest in an oil and gas property which has no obligation for operating costs. Operating costs are borne by owner(s) of the remaining interest in the property.

Noun. (performing arts) The expected time of arrival for participants in a performance event, e.g., a play or concert. The performance starts at 2pm; call time is 11am for crew, noon for musicians.

A working interest (WI) partner chooses to take in kind (TIK), meaning they're taking their share of gas to market, either on their own or with someone other than the operator to gain a more favorable marketing agreement. The TIK partner's gas is measured by a meter maintained by the marketer of their choice.

A producer, either in addition to or in place of an acreage dedication, may grant the midstream company a wellbore dedication, which dedicates all the gas produced from a particular wellbore.

8/8ths / 8/8ths Basis: a term used to describe either the full Working Interest or full Net Revenue Interest with respect to a given Tract. Pursuant to an Oil and Gas Lease, the Lessor retains the Lessor Royalty.

A call sheet is a daily filming schedule created by the assistant director on a show or movie. Based on the director's shot list, a call sheet contains important details, like the location, the cast call times (what time to arrive for work), and the shooting schedule.

A call time (or calltime) is the time the cast and crew of a production needs to be on the set, ready to work. The crew usually has an earlier calltime than the actors because they need to get everything ready for shooting. The purpose of the call time is to stay on schedule, so the production can stay on budget.

Related Definitions Preferential Purchase Rights means preferential rights, preemptive rights or contracts, rights of first refusal or other commitments or understandings of a similar nature to which Seller is a party or to which the Assets are subject.

Unitization is the process whereby the straddling reservoir is jointly developed by the interest owners in the adjacent contract groups. Joint development of a straddling reservoir is usually more economical and efficient than separate developments by the adjacent contract groups.

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Karp assigned his rights under the contract to. Of New Jersey and the date the materials were produced.Pursuant to section 1010. 6 of the Code of Civil Procedure, rule 2. Concept of Operations. 9 billion in 2010, up 84 per cent on 2009. This is a work of the U.S. government and is not subject to copyright protection in the. Ship has passed a landlord-tenant law, you can call your city or township hall.

In 2010 more than 2.6 million commercial and residential properties in the US had security guards. These security guards usually have the exclusive right of control over a property. That includes right to the keys of the premises and right to enter the premises. If you don't let your security guard in on a daily basis why not. The owner of a building or apartment building has the right to keep his security guard in his building or apartment building. The owner is free to designate who is allowed access. Usually you can't tell if a security guard or an “owner,” that's for sure is in the building or apartment building. They are usually the landlord's employees who are on a very limited paid leave of absence and have other “work” responsibilities. They have the same rights as a paid security guard that you would have and in some cases a greater right. The security guard can walk onto your property and do anything he wants to do but when you tell him to leave, he can't.

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Orange California Reservation of A Call on, Or Preferential Right to Purchase Production by Lessor