Common use of Additional Exploration Activities Clause in Contracts

Additional Exploration Activities. Once the Appraisal Periods are over, after the reduction and return of the area referred to in subparagraph (e) of Article 7.1 and in the event that the Contractor determines the possibility that Hydrocarbons exist on a subsoil structure or stratigraphic trap located in the remaining Contract Area, the Contractor shall give notice to the CNH and may present a new Exploration Plan for the approval of the CNH for conduction of the Petroleum Activities deemed convenient in such subsoil structure or stratigraphic trap. The aforementioned, as provided by this Contract and in the Applicable Laws.

Additional Exploration Activities. Once the Appraisal Periods are overend, after the reduction and return of the area referred to in subparagraph (e) of Article 7.1 and in the event that the Contractor determines the possibility that Hydrocarbons exist on a subsoil structure or stratigraphic trap located in the remaining Contract Area, the Contractor shall give send notice to the CNH and may present a new Exploration Plan for to be approved by CNH with the approval purpose of the CNH for conduction of carrying out the Petroleum Activities deemed convenient in such subsoil structure or stratigraphic trap. The aforementioned, as provided by this Contract and in the Applicable Laws.

Additional Exploration Activities. Once the Appraisal Periods are over, ; after the reduction and return of the area referred to in subparagraph (e) of Article 7.1 7.1, and in the event that the Contractor determines the possibility that Hydrocarbons exist on a subsoil structure or stratigraphic trap located in the remaining Contract Area, the Contractor shall give notice to the CNH and may present a new Exploration Plan for the approval of the CNH for the conduction of the Petroleum Activities deemed convenient in such subsoil structure or stratigraphic trap. The aforementioned, as provided by this Contract and in the Applicable Laws.

Additional Exploration Activities. Once the Appraisal Periods are over, ; after the reduction and return of the area referred to in subparagraph (e) of Article 7.1 7.1, and in the event that the Contractor determines the possibility that Hydrocarbons exist on a subsoil structure or stratigraphic trap located in the remaining Contract Area, the Contractor shall give notice to the CNH and may present a new Exploration Plan for the approval of the CNH for the conduction of the Petroleum Activities deemed convenient in such subsoil structure or stratigraphic trap. The aforementioned, as provided by this Contract and in the Applicable Laws.