Common use of Interests and Share of Costs of the Parties Clause in Contracts

Interests and Share of Costs of the Parties. The Parties hereby agree to own, as their Initial Interest; and agree to bear the costs set out below, as follows: Party Initial Interest Share of Costs Share of Costs for Prior to Leasehold Leasehold Acquisition Acquisition and Subsequent Operations TAC .2500000 .0625000 .2500000 Parallel .1750000 .21875 .1750000 Unit .2500000 .31250 .2500000 Beta .2000000 .2500000 .2000000 Pease .1250000 .1562500 .1250000

Appears in 1 contract

Sources: Exploration Agreement (Pease Oil & Gas Co /Co/)

Interests and Share of Costs of the Parties. The Parties hereby agree to own, as their Initial Interest; and agree to bear the costs set out below, as follows: Party Initial Interest Share of Costs Share of Costs for Prior to Leasehold Leasehold Acquisition Acquisition and Subsequent Operations TAC .2500000 .0625000 .2500000 Parallel .1750000 .21875 .2187500 .1750000 Unit .2500000 .31250 .3125000 .2500000 Beta .2000000 .2500000 .2000000 Pease ▇▇▇▇▇ .1250000 .1562500 .1250000

Appears in 1 contract

Sources: Exploration Agreement (Beta Oil & Gas Inc)