Clark Nevada Gas Processing Rights Agreement
Description
How to fill out Gas Processing Rights Agreement?
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FAQ
Clark gas stations are now operating throughout 32 states, with over 1000-branded locations, some with convenience stores under the On the Go name.
Clark emerged from bankruptcy last November. Topping a bid by Getty Petroleum Corp., a company called AOC Acquisition Corp. bought Clark for $454 million-less than what Apex paid seven years earlier.
Gathering Fee means the fee charged per MMBtu by Gatherer to Shipper for wellhead or system gathering services inclusive of dehydration but not including compression.
The gathering system consists of equipment to collect, distribute, regulate, and separate oil or natural gas and transport and control its flow from source to destination. The system includes pumps, heaters, separators, emulsion treaters, tanks, regulators, compressors, dehydrators, piping spools, and valves.
Gas gathering is collecting gas from the wellhead and moving it to a processing plant or to a major transmission line. From the well, the natural gas goes into gathering pipelines. The gathering lines become larger in diameter closer to the central collecting point.
Third Party Gathering Agreements means agreements and contracts between third parties and Gatherer under which Gatherer uses third party pipelines and other facilities to provide gathering services hereunder.
Baltimore-based Crown Central LLC has been marketing under the Crown family of brands for more than 90 years. As a result of this transaction, Crown will maintain a minority ownership position in Clark Brands LLC. Naperville, Ill. -based Clark Brands owns the Clark family of brands.
Located in downtown Stuart, VA, Clark Gas & Oil, Inc. had its early beginnings in 1928 from a partnership of three brothers, E. Lyle Clark, J.
PTR (Plant Thermal Reduction) The BTU equivalent of the liquid products extracted from the producer's gas plus the portion of plant fuel necessary to extract those liquids, plant flare and other plant losses.
Clark emerged from bankruptcy last November. Topping a bid by Getty Petroleum Corp., a company called AOC Acquisition Corp. bought Clark for $454 million-less than what Apex paid seven years earlier.