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Participation Agreement for Exploration

Price $15.00

Document Id : 747

Prepare a Participation Agreement for Exploration with this easy-to-use template.
  • The agreement is between a land owner and an operator to fulfil work commitments and perform exploration with respect to certain oil and gas properties.
  • The operator will pay 100% of the costs of the work commitments. The title holder will hold a 50% interest in trust for the operator and will transfer this interest to the operator upon its fulfillment of its duties under the agreement.
  • Each party will be responsible for paying all taxes, royalties and charges levied or assessed against its participating interest.
This Participation Agreement for Exploration template is available as a downloadable MS Word form which is fully editable to fit your needs.

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