Common use of Rights and Duties of Operator Clause in Contracts

Rights and Duties of Operator. A) Subject to the terms and conditions of this Agreement, Operator shall have exclusive charge of and shall conduct all Joint Operations. Operator may employ independent contractors and/or agents (which may include Affiliates of Operator) in such Joint Operations. B) In the conduct of Joint Operations, Operator shall exercise its best efforts to: 1) Perform Joint Operations in accordance with the provisions of the Concession, this Agreement and the instructions of the Operating Committee not IN conflict with this Agreement and in material compliance with applicable laws, rules, regulations and decrees of the Arab Republic of Egypt; 2) Conduct all Joint Operations in a diligent, safe and efficient manner in accordance with good and prudent oil field practices and conservation principles generally followed by the international petroleum industry under similar circumstances; 3) Subject to Article

Appears in 1 contract

Sources: International Joint Operating Agreement (Transatlantic Petroleum Corp)

Rights and Duties of Operator. A) Subject to the terms and conditions of this Agreement, Operator shall have exclusive charge of and shall conduct all Joint Operations. Operator may employ independent contractors and/or agents (which may include Affiliates of Operator) in such Joint Operations. B) In the conduct of Joint Operations, Operator shall exercise its best efforts to: 1) Perform Joint Operations in accordance with the provisions of the Concession, this Agreement and the instructions of the Operating Committee not IN in conflict with this Agreement and in material compliance with applicable laws, rules, regulations and decrees of the Arab Republic of Egypt; 2) Conduct all Joint Operations in a diligent, safe and efficient manner in accordance with good and prudent oil field practices and conservation principles generally followed by the international petroleum industry under similar circumstances; 3) Subject to Article

Appears in 1 contract

Sources: Joint Operating Agreement (Drucker Industries Inc)