Subject Leases
Subject Leases. Means those oil, gas and mineral leases set forth and described in Exhibit A to this Agreement.
Found in
CUBIC ENERGY INC contract
Subject Leases. The Oil, Gas and Mineral Leases covering portions of the Project Area acquired or to be acquired in connection with Exploration efforts identified pursuant to this Agreement. Assignments to the Subject Leases shall be made to the Parties in conjunction with closing of the Purchase and Sales Agreement or immediately if agreement has been executed and if proper elections and payments have been made. Each lease assignment will provide that the lease reverts to Seller if the lease has not been...
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Found in
ReoStar Energy CORP contract