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.
West Virginia Area of Mutual Interest (AMI) refers to a collaborative effort between organizations, agencies, and stakeholders within West Virginia, focused on mutual cooperation and shared interests to promote the socio-economic development within the state. It involves the identification and utilization of resources, expertise, and strategies to achieve common goals and drive growth in various sectors. The West Virginia AMI aims to foster collaboration in several key areas, including: 1. Energy Sector AMI: This area of mutual interest centers on the development and utilization of West Virginia's vast energy resources, including coal, natural gas, and renewable energy sources like wind and solar. It involves partnerships between energy companies, government agencies, research institutions, and local communities to promote energy innovation, job creation, and sustainable practices. 2. Tourism and Recreation AMI: This aspect focuses on promoting West Virginia's stunning natural landscapes, outdoor recreational activities, and cultural attractions to attract tourists and boost the local economy. It involves collaboration between tourism boards, local businesses, hospitality industry stakeholders, and community organizations to enhance infrastructure, market the state's unique offerings, and create memorable experiences for visitors. 3. Technology and Innovation AMI: West Virginia's AMI also emphasizes the development and adoption of technological advancements and innovation to drive economic growth and competitiveness. This sector involves partnerships between academic institutions, tech companies, entrepreneurial hubs, and investors to support research, talent development, start-up incubation, and the overall growth of the technology sector in the state. 4. Agriculture and Rural Development AMI: This area focuses on revitalizing rural communities, supporting agriculture-based businesses, and promoting sustainable farming practices. It involves collaborations between farmers, agricultural organizations, government agencies, and rural development entities to promote economic diversification, create employment opportunities, and ensure food security within the state. 5. Education and Workforce Development AMI: This aspect aims to enhance educational opportunities and develop a skilled workforce to meet the demands of the modern job market. It involves collaborations between educational institutions, industry leaders, workforce development agencies, and policymakers to align curricula with industry needs, provide vocational training, and foster lifelong learning to ensure a competitive workforce in West Virginia. Overall, the West Virginia Area of Mutual Interest encompasses these key sectors and strives to promote shared values, cooperation, and strategic partnerships between diverse stakeholders to drive sustainable development, economic growth, and enhance the quality of life for residents across the state.West Virginia Area of Mutual Interest (AMI) refers to a collaborative effort between organizations, agencies, and stakeholders within West Virginia, focused on mutual cooperation and shared interests to promote the socio-economic development within the state. It involves the identification and utilization of resources, expertise, and strategies to achieve common goals and drive growth in various sectors. The West Virginia AMI aims to foster collaboration in several key areas, including: 1. Energy Sector AMI: This area of mutual interest centers on the development and utilization of West Virginia's vast energy resources, including coal, natural gas, and renewable energy sources like wind and solar. It involves partnerships between energy companies, government agencies, research institutions, and local communities to promote energy innovation, job creation, and sustainable practices. 2. Tourism and Recreation AMI: This aspect focuses on promoting West Virginia's stunning natural landscapes, outdoor recreational activities, and cultural attractions to attract tourists and boost the local economy. It involves collaboration between tourism boards, local businesses, hospitality industry stakeholders, and community organizations to enhance infrastructure, market the state's unique offerings, and create memorable experiences for visitors. 3. Technology and Innovation AMI: West Virginia's AMI also emphasizes the development and adoption of technological advancements and innovation to drive economic growth and competitiveness. This sector involves partnerships between academic institutions, tech companies, entrepreneurial hubs, and investors to support research, talent development, start-up incubation, and the overall growth of the technology sector in the state. 4. Agriculture and Rural Development AMI: This area focuses on revitalizing rural communities, supporting agriculture-based businesses, and promoting sustainable farming practices. It involves collaborations between farmers, agricultural organizations, government agencies, and rural development entities to promote economic diversification, create employment opportunities, and ensure food security within the state. 5. Education and Workforce Development AMI: This aspect aims to enhance educational opportunities and develop a skilled workforce to meet the demands of the modern job market. It involves collaborations between educational institutions, industry leaders, workforce development agencies, and policymakers to align curricula with industry needs, provide vocational training, and foster lifelong learning to ensure a competitive workforce in West Virginia. Overall, the West Virginia Area of Mutual Interest encompasses these key sectors and strives to promote shared values, cooperation, and strategic partnerships between diverse stakeholders to drive sustainable development, economic growth, and enhance the quality of life for residents across the state.
