Period from 21 October 2021 to 27 October 2021. Refinery Purchase and Sale Agreement. Quality 4.1 The oil that is subject to an Agreement shall be of the quality being supplied at the time and place of loading. The checklist covers the issues to consider and the documents to be obtained and reviewed as part of the transaction, such as: ), then set out what is being conveyed, describe the diligence and closing process, and close with contractual boilerplate provisions. The agreement template contains all the important clauses as well as the terms and conditions of the agreement to avoid any possible misunderstanding later. CRUDE OIL PURCHASE AGREEMENT . 1.2 Effective Time. " ASTM " shall mean American Society for Testing and Materials. Page 3 of 21 Seller: Contract Code: Page 3 of 21 Buyer: directly or indirectly fifty (50) percent or more of the shares carrying voting rights. Natural Gas is an invisible product and is a major source of clean energy. These Oil Gas Purchase Sale Agreements are actual legal documents drafted by top law firms for their clients. The notification made by the buyer or customer though telex/fax/e-mail to the seller with the aim to purchase goods is the purchase offer and ===== PURCHASE AND SALE AGREEMENT BETWEEN GENESIS GAS & OIL, LLC AS SELLER AND TBI PRODUCTION COMPANY AS PURCHASER DATED AS OF OCTOBER 1, 1997 ===== PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement (the 'Agreement'), dated as of October 1, 1997, is made and entered into by and between GENESIS GAS & OIL, LLC, a Kansas limited . BP's general terms & conditions ("GT&Cs") constitute the second part of a sales contract in which they are incorporated. Agreements means the "Standard Fuel Sale Contract" concluded between the parties. Further, the course will also cover sale and purchase and transportation contracts in use in the industry. The Massachusetts Purchase and Sale Agreement ("P&S") The P&S is the binding, legal contract that controls a residential real estate purchases in Massachusetts. A Practice Note discussing the key provisions in a purchase and sale agreement for selling and acquiring oil and gas assets. Agreement: ♦ The Crude Oil Sales Agreement (COSA) will come in effect from 1 April 2020 to 31 March 2025. The Special Provisions (as defined in the GT&Cs) negotiated and agreed between a seller and a buyer form the first part. Thomson Reuters published the two articles in Practical Law, their resource for practicing more efficiently, adding value and improving client service. If premises are residential property constructed prior to 1978 buyer must sign lead paint "Property Transfer Notification Certification" prior to signing Purchase and Sale Agreement. SALES & PURCHASE AGREEMENT SUPPLY OF TWO MILLION BARREL OF BONNY LIGHT CRUDE OIL (BLCO) . Obsidian Energy Ltd. has entered into a purchase and sale agreement to acquire the remaining 45 per cent partnership interest in the Peace River Oil Partnership (PROP) asset from its joint venture partner through a wholly-owned subsidiary. Hereafter mentioned as "agreement". SALES STORAGE . A real estate purchase agreement is an essential step in the real estate process that outlines prices and terms for real estate transactions. This CRUDE OIL SALES AGREEMENT (this " Agreement ") is dated August 16, 2006, by and between PDVSA-Petróleo S.A., a corporation organized under the laws of the Bolivarian Republic of Venezuela (" Seller "), represented by its Executive Director, Supply and Marketing, Mr. Asdrúbal Chávez, and LYONDELL-CITGO Refining LP, a limited partnership organized under . purchase and sale agreement This Purchase and Sale Agreement (as may be amended, restated, supplemented or otherwise modified from time to time, this "Agreement") is entered into on January 9, 2014 (the "Execution Date"), but effective as of the Effective Time, as defined below, by and among (i) Subject to the terms and conditions of this Agreement, Buyer agrees to purchase from Seller and Seller agrees to sell, assign and deliver to Buyer, all of Seller's right, title and interest in the Assets for the consideration specified in Article€2. PURCHASE AND SALE 1.1 Purchase and Sale. sales and purchase agreement gas oil d2 gost 305-82 CONTRACT NUMBER I.T.C S.A./061.212.002 500K/MTx12 This Agreement ("The Agreement"), Made on the 02 of January, 2013 by Buyer (xxxxxxxxxxxxxxxxxxxxxxxxxxx ) and Seller ( Obsidian Energy Acquires 45% Interest In Peace River Oil Partnership. On the Closing Date (as defined in Section 6.1), Seller will sell to Buyer, and Buyer will purchase from Seller, free and clear of all claims, liens and encumbrances, the following assets (the "Purchased Assets") related to Seller's Business: The seller usu-ally prepares the sales brochure with the assistance of an agent or broker. 1.1 Purchased Assets. We have millions of legal documents and clauses that you can search for free. Phillips 66 Company, Addendum for the Sale of Renewable Identification Numbers (RINs). A purchase and sale agreement is a compulsory legal document to have when a buyer and seller are entering into a real estate transaction. The Massachusetts Purchase and Sale Agreement ("P&S") The P&S is the binding, legal contract that controls a residential real estate purchases in Massachusetts. Purchase and Sale Agreements for Oil and Gas Properties Glenn E. Morrical Tucker Ellis LLP September 14, 2012 3 Osbornes hope sale of shale leases eases woes 3 of duo's oil and gas companies are bankrupt By DAN SHINGLER 4:30 am, July 9, 2012 The shale gas business taketh away, and the shale gas business giveth back . Most mineral rights purchase and sale agreements follow a basic pattern. The Massachusetts Association of Realtors ("MAR") Standard Purchase and Sale Agreement (With Contingencies) The Greater . "Agreement" shall mean the BLCO Sales / Purchase Agreement of which these specific provisions agreed to between Buyer and Seller form the conditions of sale and purchase. This Crude Oil Purchase Agreement (this "Agreement") dated as of January 1, 2012, is entered into between Plains Exploration & Production Company ("PXP") and ConocoPhillips Company ("CoP").PXP and CoP are sometimes collectively referred to herein as the "Parties" or individually as a "Party." ARTICLE I In this case the refinery owned by an oil and gas company referred to as the seller is sold to another oil and gas company referred to as the purchaser. In the event specifications are prescribed in the Agreement, such specification the oil and gas industry that in some purchase and sale agreements, the examination is merely referred to as the buyer's due diligence without further definition except as to which of the records the seller will make available for examination. November 2, 2021, 4:12 PM MDT " API " shall mean American Petroleum Institute. The buyer pays for the fuel (oil and/or propane) left in the tank(s) at closing at that day's cash price from the company that delivered the fuel. Agreement of Purchase and Sale of Business Assets Page 4 of 5 6. this Agreement or any related Transaction or option must be in writing and signed by both Parties. Applicable for the Purchase and Sale of US Domestic Crude Oil on a spot and term basis Not applicable for non-US delivery locations Shell Trading (US) Company amendments dated 2018, to the Conoco General Provisions for Domestic Crude Oil and Condensate Agreements dated January 2017 SALES TAXES 6.1 The Purchaser shall pay any and all sales taxes payable in respect of the purchase and sale of assets pursuant to this agreement. Sample Crude Oil Sales Purchase Agreement Navajo Nation Oil and Gas Company, a/k/a Navajo Nation Oil - Gas Company, Inc. ("NNOGC") recognizes and accepts that its crude oil quantities covered by this agreement are effectively required to sell under the terms of this agreement and that all other obligations incurred by NOGC under this . (2) BUYER has represented that it has the financial resources and necessary capability to enter into the . CRUDE OIL SALES AGREEMENT. This book, written by experienced and well-known practitioners from within the oil and gas industry, is intended to provide a practical review of the provisions typically included in such . If the Parties enter into an option concerning the purchase and sale of Coal, the terms and conditions of this Agreement and the Confirmation (as hereinafter defined) shall govern the Transaction once the option has been exercised. GENERAL CONDITIONS FOR SALE AND PURCHASE OF NIGERIAN CRUDE OIL These General Conditions shall constitute the standard and general terms and conditions applicable to the sale of Nigerian Crude Oil by the Nigerian National Petroleum Corporation and together with Part I form the Contract for Sale and Purchase of Nigerian Crude Oil. Interesting, the standard Purchase and Sale Agreement in Maine covers this. crude oil sale/purchase contract agreement this contract agreement is for the sale and purchase of nigeria light crude oil is made and entered into between real-time inter serve ltd rc.1007367, kaduna state, nigeria [hereinafter called the seller] and [hereinafter called the buyer] contract for sales and purchase agreement N63.00 TO SELLER. PURCHASE AND SALE AGREEMENT This Purchase and Sale Agreement (the "Agreement"), is executed on July 30, 2014 by and between Hunt Oil Company, a Delaware corporation ("HOC") and Hunt Oil Company of Louisiana, Inc., a Delaware corporation ("HOCLA" and The seller wants to sell only those properties that it feels has been given adequate value in buyer=s offered Planning the due diligence review requires a balancing of the need to discover all material Acquisitions and Divestitures: Our oil and gas team regularly drafts, reviews and negotiates purchase and sale agreements for the acquisition and divestiture of wells, minerals, oil and gas properties and pipelines and related assets, and coordinates all aspects of due diligence in regional and multi-state transactions. CRUDE OIL SALES AGREEMENT . SPAs are often used in real estate deals or when two . Parties. The papers presented at the 2016 Special Institute on Oil & Gas Agreements: Purchase and Sale Agreements (OGA11) are available both as a written manual (looseleaf binder or downloadable file) and audio CD or download (See audio options in the drop-down menu). It's recommended the seller requires the buyer to pay an earnest . PURCHASE AND SALE OF ASSETS. The agreement outlines the terms and conditions and must be followed, unless amended, until the closing date. BP, one of the world's leading producers and traders of liquefied natural gas (LNG), is the first major oil and gas business to publish its LNG Master Sale and Purchase Agreement template for Delivered Ex-Ship and Free On Board transactions (the "BP DES and FOB LNG MSA") The BP DES and FOB LNG MSA . In addition to the acres, the purchase agreement includes working interest in 17 producing wells with approximately 804 BOE of net daily production (as of August 2021). 1.2.3 CUSTOMER . Use them for competitive intelligence, drafting documents or to get information about transactions within a particular industry or sector. Purchase and Sale Agreement for Massachusetts Real Estate. SECTION 1 -- INFORMATION AND DEFINITIONS. The agreement template contains all the important clauses as well as the terms and conditions of the agreement to avoid any possible misunderstanding later. QUANTITY: The quantity to be supplied shall be 1,000,000Metric Tons. 6.2 The Vendor shall pay all sales taxes payable or collectible in connection with carrying on the The Model Gas Sales Agreement ("GSA") is a standard agreement for the sale and purchase of natural gas for delivery into a pipeline network or to a facility such as a power station, factory or LNG liquefaction plant. Chapters include: Structuring the Transaction: Equity vs. Asset Considerations. There are two main P&S forms used in Massachusetts. 2021.07.17.00 Page 1 of 20 Seller's Agreement for the Sale of Oil and Gas Properties THIS AGREEMENT for the Sale of Oil and Gas Properties is entered into this day of , 20 , between EnergyNet.com, LLC, 7201 W. Interstate 40, Ste 319, Amarillo, TX 79106 and Cub Creek Energy has signed a purchase agreement covering approximately 30,000 net leasehold acres (121 square kilometers) located in Wyoming/USA. Purchase and Sale Agreement between Zion Oil & Gas Inc. and Central European Drilling kft (seller), dated March 12, 2020 of an onshore drilling rig, drill pipe and related equipment from ZION OIL & GAS INC filed with the Securities and Exchange Commission. (1) SELLER is willing to enter into crude oil sales and purchase contract with BUYER for the sale of specified Nigerian crude oil for a period of twelve (12) months certain as shall be stipulated under the Part I and Part II of the Contract. which is serviced with fuel oil. The GSA is neither a buyer's nor seller's draft, but rather represents a balanced document containing a range of . The Seller has the independent capacity and ability to provide the crude oil from On the date These Oil Gas Purchase Sale Agreements are actual legal documents drafted by top law firms for their clients. The 11th Court of Appeals in Texas recently issued an opinion analyzing provisions of purchase and sale agreements (PSAs) governing working interests in oil and gas leases. The Purchase and Sale Agreement The Seller's View1 Samuel D. Haas and Jolisa Melton Dobbs Thompson & Knight LLP Introduction What is a Seller's viewpoint in an oil and gas properties purchase and sale agreement? The . A, Sales Brochures From the buyer's perspective, most oil and gas asset transactions begin with the screening of a "teaser" or sales brochure. This form is used when Seller and Buyer are entering into a Purchase and Sale Agreement including all of the Seller's rights, title and interests in and to the oil, gas and other minerals in and under and that may be produced from the lands described in Exhibit "A" including, without limitation, interests in oil, gas and/or mineral leases covering any part of the lands, overriding royalty . PTT's International Trading Business Unit wins the Sale and Purchase agreement with PTTEP Oman E&P Corporation and PTTEP MENA Limited for a total of 5 million barrels of Oman crude oil delivered . The Massachusetts Association of Realtors ("MAR") Standard Purchase and Sale Agreement (With Contingencies) The Greater . GASOLINE & DIESEL FUEL SALES CONTRACT Purchase and Sale.
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