Virgin Islands Joint Venture Agreement to Acquire, Own and Manage Oil and Gas Leases - Short Form

State:
Multi-State
Control #:
US-OG-217
Format:
Word; 
Rich Text
Instant download

Description

The Parties desire to enter into this Agreement for the purposes of conducting evaluations, tests, and prospecting for oil, gas and mineral producing properties, and, upon such evaluating, testing, and prospecting being completed, to acquire, own, operate, sell, and otherwise deal with those properties. To conduct those activities, the Parties desire to establish this Joint Venture for that purpose and to set forth the terms, provisions, and conditions of their relationship.

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Virgin Islands Joint Venture Agreement to Acquire, Own and Manage Oil and Gas Leases - Short Form