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Alberta Joint Operating Agreement
Prepare a Joint Operating Agreement for the operation and maintenance of oil and gas properties in Alberta with this ready-made template.
- The parties hold all interest in the subject lands and want to provide for the operation and maintenance of the title documents and the joint lands.
- All benefits, revenues, costs and expenses will be apportioned among the parties according to their respective interests.
- Provisions for selection of leases earned by drilling of prior lease earning wells, including method of selection if the parties cannot agree.
- The operator is responsible for making, on behalf of the parties, timely application for royalty holidays or abatements.
- The operator is given the authority to make GST elections on behalf of the parties.
This Alberta Joint Operating Agreement is available as a downloadable and fully editable MS Word document.
Download: Alberta Joint Operating Agreement
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