Description:

The model 'International Unitization and Unit Operating agreement' provides a template for unitizing two blocks under two separate contracts from the same host government. It will be structured to provide options and alternatives for the most commonly encountered issues and will attempt to incorporate experience from many unitizations around the world and knowledge gained from the AIPN's ongoing grant paper project. This Model Contract set includes: Unitization Agreement Unitization Agreement - Exhibit A Unitization Agreement - Exhibit B Unitization Agreement - Exhibit B Unitization Agreement - Exhibit C Unitization Agreement - Exhibit D Unitization Agreement - Exhibit E Unitization Agreement - Exhibit F - Redetermination Technical Procedures - MRK Revisions Unitization Agreement - Guidance Notes