This form creates an Area of Mutual Interest (AMI) comprising the Contract Area. During the term of this AMI, if any Party acquires all or any interest in any Oil and Gas Leases, any mineral interest, or any farmouts or other contracts which affect lands and minerals lying within the AMI, the Acquiring Party shall promptly advise each of the other Parties of the acquisition, at which time each Offeree shall have the right to acquire its proportionate interest in the Oil and Gas Interest.
Florida Area of Mutual Interest (AMI) is a geographically defined region in the state of Florida that encompasses shared resources, goals, and interests among various parties or organizations. The concept of AMI is typically applied in the context of natural resource management, especially in coastal areas, to foster cooperation and collaboration among stakeholders. One type of Florida AMI is the Coastal Area of Mutual Interest. It encompasses the coastal regions of Florida, including beaches, estuaries, and coastal wetlands. The key stakeholders involved in this AMI often include local and state government agencies, environmental organizations, property owners, and community groups. The primary purpose of this AMI is to ensure sustainable and efficient management of coastal resources, protection of coastal habitats, and coordination of activities such as beach restoration, dune protection, and coastal development regulations. Another type of Florida AMI is the Everglades Area of Mutual Interest. This AMI is specifically focused on the preservation and restoration of the unique Everglades ecosystem, which spans across a large portion of southern Florida. The stakeholders involved in this AMI can include federal and state government agencies, Native American tribes, environmental groups, agricultural interests, and local communities. The primary goals of this AMI are to improve water quality, restore natural hydrological patterns, and conserve the diverse flora and fauna of the Everglades. Additionally, there is the Florida Keys Area of Mutual Interest, concentrating on the protection and sustainable use of the Florida Keys archipelago. This AMI involves collaboration between federal and state agencies, local governments, marine conservation organizations, fishing communities, and tourism operators. The primary objectives of this AMI include the preservation of coral reefs, protection of critical habitats, sustainable fishing practices, and responsible ecotourism development. The Florida Area of Mutual Interest approach promotes integrated and collaborative management to address the complex and interconnected environmental, economic, and social challenges faced in diverse regions of Florida. By engaging various stakeholders and fostering cooperative decision-making processes, these AMIS aim to strike a balance between resource utilization, conservation, and community welfare, ensuring a sustainable future for Florida's natural and cultural resources.Florida Area of Mutual Interest (AMI) is a geographically defined region in the state of Florida that encompasses shared resources, goals, and interests among various parties or organizations. The concept of AMI is typically applied in the context of natural resource management, especially in coastal areas, to foster cooperation and collaboration among stakeholders. One type of Florida AMI is the Coastal Area of Mutual Interest. It encompasses the coastal regions of Florida, including beaches, estuaries, and coastal wetlands. The key stakeholders involved in this AMI often include local and state government agencies, environmental organizations, property owners, and community groups. The primary purpose of this AMI is to ensure sustainable and efficient management of coastal resources, protection of coastal habitats, and coordination of activities such as beach restoration, dune protection, and coastal development regulations. Another type of Florida AMI is the Everglades Area of Mutual Interest. This AMI is specifically focused on the preservation and restoration of the unique Everglades ecosystem, which spans across a large portion of southern Florida. The stakeholders involved in this AMI can include federal and state government agencies, Native American tribes, environmental groups, agricultural interests, and local communities. The primary goals of this AMI are to improve water quality, restore natural hydrological patterns, and conserve the diverse flora and fauna of the Everglades. Additionally, there is the Florida Keys Area of Mutual Interest, concentrating on the protection and sustainable use of the Florida Keys archipelago. This AMI involves collaboration between federal and state agencies, local governments, marine conservation organizations, fishing communities, and tourism operators. The primary objectives of this AMI include the preservation of coral reefs, protection of critical habitats, sustainable fishing practices, and responsible ecotourism development. The Florida Area of Mutual Interest approach promotes integrated and collaborative management to address the complex and interconnected environmental, economic, and social challenges faced in diverse regions of Florida. By engaging various stakeholders and fostering cooperative decision-making processes, these AMIS aim to strike a balance between resource utilization, conservation, and community welfare, ensuring a sustainable future for Florida's natural and cultural resources.