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Common use of FARMOUT OPTION Clause in Contracts

FARMOUT OPTION. 17 --------------

Appears in 2 contracts

Sources: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)

Related Clauses

  • Call Option
  • Put Option
  • Contract Option
  • Option
  • Expansion Option

Sub-Clauses

  • Exhibit "B" Farmout Option
  • Joint Operations for Earned Depths
  • General Farmout Agreement Terms and Conditions
  • Overriding Royalties
  • Impenetrable Substances
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