Common use of For Operation and Maintenance Clause in Contracts

For Operation and Maintenance. (i) 10% of the cost of the Joint Property; and (ii) $350 per Producing Well per month; or (iii) Flat rate per month Subclause 302(3)(ii) and 302 (e)(iii) shall o/shall not ýapply.

Appears in 1 contract

Sources: Farmout Agreement (Surge Global Energy, Inc.)

For Operation and Maintenance. (i) 10% of the cost of the Joint Property; and (ii) $350 per Producing Well per month; or (iii) Flat rate per month Subclause 302(3)(ii) and 302 (e)(iii) shall o/shall not ýapplyxapply.

Appears in 1 contract

Sources: Farmout Agreement (Deep Well Oil & Gas Inc)