Common use of Initial Test Clause in Contracts

Initial Test. Well ----------------------------- 3.1 On or before May 30, 2007, Newfield shall commence actual drilling operations for the Eugene Island 346 (OCS-G-14482) No. 7 Well at an approximate surface ▇▇▇ ▇ottomhole location of 6,150' FSL and 900' FWL of Eugene Island 346 ("Initial Test Well"). The Initial Test Well will ▇▇ ▇▇▇lled in accordance with Newfield's AFE dated October 27, 2006, and shall be drilled to a proposed total depth of 12,890' TVD/MD, or to a depth sufficient to fully evaluate the "GA-1" Sand, whichever is lesser depth ("Contract Depth"). The "GA-1" Sand correlates to the shale interval which occurs at 10,550' MD (10,459' SSTVD) in the El 346, Anadarko Petroleum Corporation Well No. 1 ST-1 (OCS-G 14482).

Initial Test. Well ----------------------------- 3.1 On or before May 30, 2007, Newfield shall commence actual drilling operations for the Eugene Island 346 (OCS-G-14482) No. 7 Well at an approximate surface ▇▇▇ ▇ottomhole ▇ttomhole location of 6,150' FSL and 900' FWL of Eugene Island 346 ("Initial Test Well"). The Initial Test Well will ▇b▇ ▇▇▇lled ▇led in accordance with Newfield's AFE dated October 27, 2006, and shall be drilled to a proposed total depth of 12,890' TVD/MD, or to a depth sufficient to fully evaluate the "GA-1" Sand, whichever is lesser depth ("Contract Depth"). The "GA-1" Sand correlates to the shale interval which occurs at 10,550' MD (10,459' SSTVD) in the El 346, Anadarko Petroleum Corporation Well No. 1 ST-1 (OCS-G 14482).