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This form is used when two parties are interested in conducting joint exploration operations, including the drilling of exploratory or development wells, for the discovery of and for the production
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What is exploration agreement
An exploration agreement is a legal contract that grants permission for one party to explore and assess the potential for natural resource extraction on another party's property.
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Who needs exploration agreement template?
Explore how professionals across industries use pdfFiller.
Exploration agreement template is needed by:
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Mining companies seeking to evaluate land for mineral resources.
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Landowners wanting to lease their property for exploration.
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Investors needing assurance of exploration rights before funding.
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Government agencies regulating mineral exploration activities.
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Environmental consultants assessing land use implications.
How to fill out the exploration agreement template
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1.Start by downloading the exploration agreement template from pdfFiller or uploading your own document.
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2.Open the document in pdfFiller and enter the names of the parties involved, including the landowner and the exploring entity.
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3.Fill in the legal descriptions of the property and the specific areas being explored.
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4.Specify the duration of the agreement, indicating how long exploration rights are granted.
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5.Outline the terms and conditions of exploration, detailing any limitations or requirements.
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6.Review the financial terms, such as royalties or fees owed to the landowner for exploration.
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7.Include any necessary clauses regarding environmental responsibilities and liability.
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8.Save your progress, and ensure all required fields are complete before finalizing.
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9.Once satisfied, download or send the filled agreement for signatures.
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