Joint Operating Agreement (JOA),
How Do You Define Joint Operating Agreement (JOA)?
Joint Operating Agreement (JOA) refers to Agreements that regulate the duties and responsibilities of operators and non-practically direct stakeholders in mining leases. The JOA has several objectives, including identifying the ownership interests of the parties to the mine lease, identifying the party that will act as the operator, and determining the modalities for pricing and liability sharing. ۔ Oil and Gas Exploration Production See also mining lease.
Literal Meanings of Joint Operating Agreement (JOA)
Meanings of Joint:
Name the place where the parts of the artificial structure meet.
The human or animal body structure in which two parts of the skeleton are connected.
Certain types of facilities, especially facilities where people gather to eat, drink or have fun together.
Creative work, especially recorded music.
Shared, owned or created by two or more people, parties or organizations.
Seal or tighten.
Cut in pairs (animal body)
Sentences of Joint
Make a connection between the roof and the walls of the house
Its joints are tight and it is difficult to bend
The company issued a joint statement
Another doll made in Germany, Lily and Jane, has arms and legs, whips, eyes open and closed and real hair bandaged.
Use a sharp knife to bandage the bird
Synonyms of Joint
join, junction, juncture, intersection, link, linkage, connection, nexus, articulation, establishment, restaurant, bar, club, nightclub, cannabis cigarette, marijuana cigarette, common, shared, communal, collective, corporate, cut up, chop up, butcher, carve
Meanings of Operating:
Controlling (someone's) operation (machine, process or system)
Sentences of Operating
The prime minister uses a division system to govern
The surgeon operated on his jaw yesterday morning.
Synonyms of Operating
work, make go, run, set off, use, utilize, employ, handle, control, wield, ply, manage, be in charge of, perform surgery, carry out an operation, intervene
Meanings of Agreement:
Harmony or agreement as an opinion or feeling about a status or as a result of an agreement.
Sentences of Agreement
The government has not reached an agreement
Synonyms of Agreement
accord, concurrence, consensus, harmony, accordance, unity, unison, concord, like-mindedness, rapport, sympathy