Alberta Option for Salt Water Disposal Agreement

Alberta Salt Water Disposal Agreement

The owner of the interest in the lands allows the grantee to drill an input well and use the well for oil and gas exploration and to dispose of flowback fluids, in exchange for an annual rental.
The Agreement also includes the following forms:
- Consent of Non-Owning Spouse,
- Acknowledgement required under The Homesteads Act,
- Affidavit of Execution.
Available in MS Word format, fully editable.
Intended to be used only in the Province of Alberta, Canada.

$14.99

The purpose of the Inclusion Agreement is to include subsequently acquired petroleum and natural gas leases in a previously executed agreement for exploration and development.
The form is written for use in the Province of Alberta, Canada but can be modified for other jurisdictions.
This is a reusable legal form which can be downloaded, saved as a template, and used as often as you require.
The Inclusion Agreement template is available in MS Word format. Other formats available on request.

$2.29 $1.99

Allocation of Value. The Agreement sets out the value of the assets and allocates the value among rights, tangibles and miscellaneous interests.
Payment of Costs. In each case, the transferee will pay all costs to register and convey the assets and will bear all costs of work performed or goods or services provided with respect to the assets prior to the effective date.
Adjustments. An interim adjustment and accounting will be done, and the benefits and obligations with respect to the assets apportioned accordingly, as of the effective date.
Maintenance of Assets. Each party will maintain its assets in accordance with good oil field practice until closing.
Review. Each party agrees to conduct a review of title to the assets being transferred.
Conditions Precedent. The transfers are subject to certain conditions precedent, including substantial damage and material compliance.
Arbitration. The parties agree to arbitration pursuant to The Arbitration Act of Alberta, in the event of dispute.
Attachments. The Agreement includes a form of General Conveyance and a Certificate of Officer.
Governing Laws. This Petroleum Asset Exchange Agreement contains references to provincial laws and regulations of the Province of Alberta, Canada.

$44.99

Purpose of Agreement. The land owner grants an oil company (the licensee) a non-exclusive interruptible license to use the road in order to allow its drilling rigs, equipment and personnel to gain access to well sites.
Restrictions. The land owner has the right to impose bans and restrictions on the road usage.
Liability for Costs. The licensee agrees to pay the costs to repair any unreasonable damage to the road.
No Warranty. The land owner makes no warranty or representation as to the usability of the road.
Waiver of Claims. The licensee agrees not to make any claims for loss or damage resulting from the use of the road.
Prior Notice. The licensee will notify the land owner in writing in advance of the dates on which it intends to move rigs on the road.
Termination. When the licensee no longer requires use of the road, it agrees to remove all culverts, extensions, etc which it installed for its purposes.
Governing Laws. The agreement is governed by the laws of the Province of Alberta, Canada.
Available in MS Word format, fully editable and re-usable.

$17.99

The optionee will shoot a 3-D seismic shot across the option lands sufficient to allow the optionor to evaluate the hydrocarbon-bearing potential of the lands.
Trading rights for the seismic program would be earned 100% by the optionee.
In return for shooting the seismic program, the option will have the right to either terminate the agreement or elect to drill a well.
Provisions for drilling a substitute well if serious difficulties are encountered with the original well.
The optionee will earn an undivided 100% interest in the optionors interest in the earning well spacing unit, and a specified undivided percentage interest in the remainder of the lands.
The parties authorize the operator to make GST elections on their behalf.
An Overriding Royalty Agreement is included with the package.
This Seismic Option Agreement is governed by the laws of the Province of Alberta, Canada.

$34.99