DEPTH. Subject to provisions hereof, the ▇▇▇▇▇ shall be drilled to the depth specified below: Turnkey Depth: The well shall be drilled up to 2000 feet or ____________ of the _________________ formation, or the depth at which the _____________ inch casing or liner set, whichever is the lesser depth, which will herein be referred to as the Turnkey Depth.
Appears in 2 contracts
Sources: Turnkey Drilling Contract (Adventure Energy, Inc.), Turnkey Drilling Contract (Adventure Energy, Inc.)