05.07.2009

The party disposing of the interest in a farm-in / farm-out agreement is the farmor

The party acquiring the interest in a farm-in / farm-out agreement is the farmee. Companies that wish to farm-in (buy-in) to another companies permit / license

An accumulation of debris deposited by a stream descending through a steep ravine and debouching in the plain beneath, where the detrital material spreads out in the shape of a fan, forming a section of a very low cone