Common use of Plugging Obligations Clause in Contracts

Plugging Obligations. To Seller’s Knowledge, except for ▇▇▇▇▇ listed on Schedule 4.1(q) and except for ▇▇▇▇▇ that, to Seller’s Knowledge, have been properly plugged and abandoned or that Seller is not currently obligated to plug or abandon, there are no dry holes, shut in ▇▇▇▇▇ or otherwise inactive ▇▇▇▇▇ that are located on the Properties or on lands pooled or unitized therewith.

Appears in 3 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp), Purchase and Sale Agreement (Kodiak Oil & Gas Corp)

Plugging Obligations. To Seller’s Knowledge, except for ▇▇▇▇▇ listed on Schedule 4.1(q) and 6.16, there are no dry holes, or shut in or otherwise inactive ▇▇▇▇▇, located on the Assets or on lands pooled or unitized therewith, except for ▇▇▇▇▇ that, to Seller’s Knowledge, have been properly plugged and abandoned or that Seller is not currently obligated to plug or abandon, there are no dry holes, shut in ▇▇▇▇▇ or otherwise inactive ▇▇▇▇▇ that are located on the Properties or on lands pooled or unitized therewith.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (Kodiak Oil & Gas Corp)