Common use of Responsibilities of Operator Clause in Contracts

Responsibilities of Operator. Consistent with the provisions of the Operating Agreement, MOR shall conduct its operations as a reasonable prudent operator, in a good and workmanlike manner, with due diligence and dispatch, in accordance with good oilfield practice, and in compliance with applicable law and regulation, but in no event shall it have any liability as Operator to the Investing Parties for losses sustained or liabilities incurred except such as may result from gross negligence or willful misconduct.