Area of Mutual Interest definition

Area of Mutual Interest or “AMI” shall mean an agreement between or among parties to a farm-out agreement or a joint operating agreement or other agreement by which the parties attempt to describe a geographical area within which they agree to share certain additional leases or other interests acquired by any of them in the future.
Area of Mutual Interest is defined in Section 2.5.
Area of Mutual Interest has the meaning set out in the Confidentiality Agreement.

Examples of Area of Mutual Interest in a sentence

  • During 2004, the Company entered into two agreements to acquire mineral tenements over properties that are within the Area of Mutual Interest to the Surigao properties.

  • Under the terms of the MOA and the SOA and as confirmed in a Confirmation Agreement between the Company, Minimax and Panoro, the parties established an Area of Mutual Interest surrounding the Agata, Tapian and Mat-I properties.

  • GEC eventually exercised its option under the Area of Mutual Interest Agreement to participate equally with SG in constructing, operating, and owning the Bull Mountain Pipeline.

  • Subject to Article 7.4, the Parties and their Affiliates shall, during the term of this Agreement, not enter into any similar arrangements with Third Parties relating to the Area of Mutual Interest, and shall not apply for any Production License in the Area of Mutual Interest alone or with any Third Parties.

  • Viking AMI In the fourth quarter of 2013 we entered into an Area of Mutual Interest (AMI) with Husky Ventures, the Viking Prospect.


More Definitions of Area of Mutual Interest

Area of Mutual Interest means the area ** identified ** as Exhibit A.
Area of Mutual Interest. AMI" means the lands outlined on the plat attached hereto as Exhibit "A".
Area of Mutual Interest shall have the meaning given to it in Section 16.1.
Area of Mutual Interest or “AMI” means the area outlined on Exhibit A, including, without limitation, the lands covered by the leases described in Exhibit A-1 and such other lands covered by leases or other interests that Redwood may obtain during the term of this Agreement within the AMI. If any lease or other interest acquired by Redwood lies partially within and partially outside of the AMI, the entire interest shall be considered as being situated within the AMI, and the AMI shall be revised to accord with any such change.
Area of Mutual Interest or “AMI” shall mean those certain areas outlined on the plats attached hereto as Exhibits X-0, X-0, X-0, X-0 and B-5.
Area of Mutual Interest and “AMI” shall mean those certain areas outlined on the plats attached hereto as Exhibits “A-1,” “A-2,” “A-3,” “A-4” and “A-5.”
Area of Mutual Interest or “AMI” means the areas depicted on Exhibit B.