Abandonment and Site Restoration. 3.12.1 Any costs and expenditures in relation to abandonment and site restoration prior to the cessation of Petroleum Operations in any part of the Contract Area. 3.12.2 Any payments in accordance with the funding procedure described in Article 9.7 of the Contract shall be charged to the Petroleum Operations Account.
Appears in 2 contracts
Samples: Farm in Agreement, Farm in Agreement (Canargo Energy Corp)
Abandonment and Site Restoration. 3.12.1 Any costs and expenditures in relation to abandonment and site restoration prior to the cessation of Petroleum Operations in and any part of the Contract Area.
3.12.2 Any payments in accordance with the funding procedure described in Article 9.7 9.8 of the Contract and Section VII of this Accounting Procedure shall be charged to the Petroleum Operations Account.
Appears in 2 contracts
Samples: Production Sharing Contract (Canargo Energy Corp), Production Sharing Contract (Canargo Energy Corp)
Abandonment and Site Restoration. 3.12.1 Any costs and expenditures in relation to abandonment and site restoration prior to the cessation of Petroleum Operations in and any part of the Contract Area.
3.12.2 Any payments in accordance with the funding procedure described in Article 9.7 9.8 of the Contract Agreement and Section VII of this Accounting Procedure shall be charged to the Petroleum Operations Account.
Appears in 1 contract
