Common use of SURRENDERS AND TRANSFERS Clause in Contracts

SURRENDERS AND TRANSFERS. Any party desiring that all of the participation area be surrendered voluntarily shall notify the other parties in writing accordingly, specifying its reasons thereof, and thereafter:

Appears in 3 contracts

Sources: Production Sharing Contract (CAMAC Energy Inc.), Production Sharing Contract (CAMAC Energy Inc.), Production Sharing Contract (CAMAC Energy Inc.)

SURRENDERS AND TRANSFERS. 1. Any party desiring that all of the participation area be surrendered voluntarily shall notify the other parties in writing accordingly, specifying its reasons thereof, and thereafter:

Appears in 1 contract

Sources: Farmout Agreement (ERHC Energy Inc)