This operating agreement exhibit states the intent of the Parties that each Party shall have the right to take in kind and separately dispose of its proportionate share of gas (including casinghead gas) produced from each formation in each well located on the acreage (the "Contract Area") covered by the Operating Agreement.
Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that serves as an integral part of the gas balancing agreement within the operating agreement. This exhibit specifically pertains to gas balancing activities related to operations in Idaho. Keywords: Idaho, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 3, legal document, gas balancing activities. Under the Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, there may be several types or variations depending on specific circumstances. These variations may include: 1. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-1: This version of the exhibit may refer to the initial or standard gas balancing agreement for operations in Idaho. It outlines the necessary provisions, terms, and conditions for maintaining a proper gas balance within the operating agreement. 2. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-2: This particular variant of the exhibit might be applicable when modifications or amendments are required to the existing gas balancing agreement in Idaho. It allows for adjustments and updates to the gas balancing activities based on changing operational requirements or regulatory changes. 3. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-3: This form could be utilized when there are multiple parties involved in the gas balancing agreement within the operating agreement specific to Idaho. It outlines the respective responsibilities, obligations, and rights of each party involved in maintaining the gas balance. 4. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-Renewal: This type of exhibit might be utilized when the gas balancing agreement in Idaho is due for renewal. It outlines the procedures and terms for extending the agreement for a specific period, ensuring continued compliance and efficient gas balancing practices. 5. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-Termination: This version of the exhibit comes into play when one or more parties involved in the gas balancing agreement in Idaho seeks to terminate the agreement. It outlines the procedures, notice requirements, and responsibilities of each party during the termination process. In conclusion, Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a customizable legal document used to regulate gas balancing activities within the operating agreement specifically for operations in Idaho. The different types or variations of this exhibit allow for adaptability and customization based on changing circumstances and requirements.Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a legal document that serves as an integral part of the gas balancing agreement within the operating agreement. This exhibit specifically pertains to gas balancing activities related to operations in Idaho. Keywords: Idaho, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 3, legal document, gas balancing activities. Under the Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3, there may be several types or variations depending on specific circumstances. These variations may include: 1. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-1: This version of the exhibit may refer to the initial or standard gas balancing agreement for operations in Idaho. It outlines the necessary provisions, terms, and conditions for maintaining a proper gas balance within the operating agreement. 2. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-2: This particular variant of the exhibit might be applicable when modifications or amendments are required to the existing gas balancing agreement in Idaho. It allows for adjustments and updates to the gas balancing activities based on changing operational requirements or regulatory changes. 3. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-3: This form could be utilized when there are multiple parties involved in the gas balancing agreement within the operating agreement specific to Idaho. It outlines the respective responsibilities, obligations, and rights of each party involved in maintaining the gas balance. 4. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-Renewal: This type of exhibit might be utilized when the gas balancing agreement in Idaho is due for renewal. It outlines the procedures and terms for extending the agreement for a specific period, ensuring continued compliance and efficient gas balancing practices. 5. Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3-Termination: This version of the exhibit comes into play when one or more parties involved in the gas balancing agreement in Idaho seeks to terminate the agreement. It outlines the procedures, notice requirements, and responsibilities of each party during the termination process. In conclusion, Idaho Exhibit E to Operating Agreement Gas Balancing Agreement — Form 3 is a customizable legal document used to regulate gas balancing activities within the operating agreement specifically for operations in Idaho. The different types or variations of this exhibit allow for adaptability and customization based on changing circumstances and requirements.
