Unit Operating Agreement
“Unit operating agreement” means an agreement, providing for the management and operation of a unit area and a unitized zone, that is entered into by working interest owners who are parties to a unit agreement with respect to that unit area and unitized zone, and includes a unit operating agreement as varied by a unitization order; accord d’exploitation unitaire.
Source: Canada-Nova Scotia Offshore Petroleum Resources Accord Implementation Act, S.C. 1988, c. 28, Canada, current to May 26, 2013. Legislation
Source: Canada Oil and Gas Operations Act, R.S.C., 1985, c. O-7, Canada, current to April 29, 2013. Legislation