Current Commitments. Schedule 4.13 sets forth, as of the date of this Agreement, any authority for expenditures (“AFE”) in excess of $100,000 relating to the Properties to drill or rework ▇▇▇▇▇ or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.
Appears in 3 contracts
Sources: Purchase and Sale Agreement (Petroquest Energy Inc), Purchase and Sale Agreement (Petroquest Energy Inc), Purchase and Sale Agreement (Petroquest Energy Inc)
Current Commitments. Schedule 4.13 4.11 sets forth, as of the date of this Agreement, any authority all authorities for expenditures (“AFEAFEs”) in excess of $100,000 relating to the Properties to drill or rework ▇▇▇▇▇ or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint or unit operating agreement for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.
Appears in 2 contracts
Sources: Purchase and Sale Agreement (W&t Offshore Inc), Purchase and Sale Agreement (Callon Petroleum Co)
Current Commitments. Schedule 4.13 sets forth, as of the date of this Agreement, any authority forth all authorities for expenditures (“AFE”) in excess of $100,000 relating to the Properties Assets to drill or rework ▇w▇▇▇▇ or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement that require aggregate expenditures in excess of $250,000 for which all of the activities anticipated in such AFEs particular individual operation or commitments have not been completed by project (net to Noble’s interest) after the date of this AgreementEffective Time.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Superior Energy Services Inc)
Current Commitments. Schedule 4.13 sets forth, as of the date of this Agreement, any authority for expenditures (“AFE”) in excess of $100,000 (net to Seller’s interest) relating to the Properties to drill or rework ▇▇▇▇▇ or for other capital expenditures pursuant to any of the Material Contracts or any applicable joint operating agreement for which all of the activities anticipated in such AFEs or commitments have not been completed by the date of this Agreement.
Appears in 1 contract
Sources: Purchase and Sale Agreement (Petroquest Energy Inc)