acreage contribution agreement

acreage-contribution agreement. Oil & gas. A support agreement under which one party promises to grant leases or interest in leases in the area of a test well to the party who drills the test well in exchange for drilling or geological information if the test well is drilled to a certain depth. See SUPPORT AGREEMENT.

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词条贡献者

双语律师William，国内知名法学院金融专业，擅长翻译各类与投资基金、投资顾问及金融衍生工具相关的法律文件。