This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.
Philadelphia, Pennsylvania, often referred to as simply Philly, is a historic city nestled in the northeastern United States. It holds significant cultural, historical, and economic importance in the region, making it a popular destination for tourists and residents alike. As the largest city in the state, Philadelphia showcases a rich blend of old-world charm and modern metropolitan allure. Its diverse population, vibrant neighborhoods, and iconic landmarks contribute to its unique appeal. Arguably, one of the most emblematic attractions of Philadelphia is the Liberty Bell, an enduring symbol of American independence. This iconic artifact, housed in the Liberty Bell Center within the Independence National Historical Park, draws millions of visitors annually, eager to glimpse its crack and learn about its historical significance. In addition to the Liberty Bell, Independence Hall stands proudly in the heart of Philadelphia's Old City district. This UNESCO World Heritage Site witnessed the birth of the United States, as it was here that both the Declaration of Independence and the Constitution were debated and signed. The nearby National Constitution Center further deepens visitors' understanding of American history and democracy. Philadelphia boasts a thriving arts and culture scene, with world-class museums and institutions dotting its streets. The Philadelphia Museum of Art, with its iconic steps made famous by the movie "Rocky," houses an extensive collection spanning ancient to contemporary art. Other notable museums include the Barnes Foundation, Rodin Museum, and the Franklin Institute, each offering unique insights into various fields of art, science, and humanities. As for culinary delights, Philadelphia is renowned for its signature dishes. Cheese steaks and soft pretzels are iconic local favorites that attract both locals and tourists craving a taste of Philly's unique gastronomy. The Reading Terminal Market is a culinary haven, offering an array of delectable treats, including Pennsylvania Dutch specialties, fresh seafood, and international cuisines. Beyond its historical and cultural landmarks, Philadelphia is home to a number of prestigious universities and colleges, including the University of Pennsylvania and Temple University. These institutions attract students from all over the world, contributing to the city's vibrant intellectual atmosphere. Philadelphia's distinct neighborhoods offer diverse experiences for both residents and visitors. From the trendy streets of Center City, home to skyscrapers, high-end shopping, and bustling cafés, to theBohemiann ambiance of South Street, characterized by independent boutiques, restaurants, and street art, each neighborhood possesses its own unique charm. Ultimately, Philadelphia Pennsylvania Obligatory Well is synonymous with historical significance, vibrant culture, and warm hospitality. Whether you explore its architectural wonders, savor its culinary creations, or immerse yourself in its diverse neighborhoods, Philadelphia promises an unforgettable experience, with something to offer every type of traveler.Philadelphia, Pennsylvania, often referred to as simply Philly, is a historic city nestled in the northeastern United States. It holds significant cultural, historical, and economic importance in the region, making it a popular destination for tourists and residents alike. As the largest city in the state, Philadelphia showcases a rich blend of old-world charm and modern metropolitan allure. Its diverse population, vibrant neighborhoods, and iconic landmarks contribute to its unique appeal. Arguably, one of the most emblematic attractions of Philadelphia is the Liberty Bell, an enduring symbol of American independence. This iconic artifact, housed in the Liberty Bell Center within the Independence National Historical Park, draws millions of visitors annually, eager to glimpse its crack and learn about its historical significance. In addition to the Liberty Bell, Independence Hall stands proudly in the heart of Philadelphia's Old City district. This UNESCO World Heritage Site witnessed the birth of the United States, as it was here that both the Declaration of Independence and the Constitution were debated and signed. The nearby National Constitution Center further deepens visitors' understanding of American history and democracy. Philadelphia boasts a thriving arts and culture scene, with world-class museums and institutions dotting its streets. The Philadelphia Museum of Art, with its iconic steps made famous by the movie "Rocky," houses an extensive collection spanning ancient to contemporary art. Other notable museums include the Barnes Foundation, Rodin Museum, and the Franklin Institute, each offering unique insights into various fields of art, science, and humanities. As for culinary delights, Philadelphia is renowned for its signature dishes. Cheese steaks and soft pretzels are iconic local favorites that attract both locals and tourists craving a taste of Philly's unique gastronomy. The Reading Terminal Market is a culinary haven, offering an array of delectable treats, including Pennsylvania Dutch specialties, fresh seafood, and international cuisines. Beyond its historical and cultural landmarks, Philadelphia is home to a number of prestigious universities and colleges, including the University of Pennsylvania and Temple University. These institutions attract students from all over the world, contributing to the city's vibrant intellectual atmosphere. Philadelphia's distinct neighborhoods offer diverse experiences for both residents and visitors. From the trendy streets of Center City, home to skyscrapers, high-end shopping, and bustling cafés, to theBohemiann ambiance of South Street, characterized by independent boutiques, restaurants, and street art, each neighborhood possesses its own unique charm. Ultimately, Philadelphia Pennsylvania Obligatory Well is synonymous with historical significance, vibrant culture, and warm hospitality. Whether you explore its architectural wonders, savor its culinary creations, or immerse yourself in its diverse neighborhoods, Philadelphia promises an unforgettable experience, with something to offer every type of traveler.
