Common use of ALLOCATION OF PRODUCTION, RECOVERY OF COSTS AND EXPENSES, PRODUCTION SHARING AND RIGHT OF EXPORT Clause in Contracts

ALLOCATION OF PRODUCTION, RECOVERY OF COSTS AND EXPENSES, PRODUCTION SHARING AND RIGHT OF EXPORT. 11.1 Contractor shall provide or procure the provision of all funds required to conduct Petroleum Operations under this Contract, except as otherwise provided in this Contract, and Contractor shall be entitled to recover its Costs and Expenses from Petroleum produced from the Contract Area as provided below.

Appears in 2 contracts

Samples: Canargo Energy Corp, Canargo Energy Corp

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ALLOCATION OF PRODUCTION, RECOVERY OF COSTS AND EXPENSES, PRODUCTION SHARING AND RIGHT OF EXPORT. 11.1 The Contractor shall provide or procure the provision of all funds resources, including funds, required to conduct Petroleum Operations under approved Annual Work Programmes under this Contract, except as otherwise provided in this Contract, and the Contractor shall be entitled to recover its Costs and Expenses from Petroleum produced from the Contract Area as provided below.

Appears in 1 contract

Samples: Cost Reimbursement Agreement (Canargo Energy Corp)

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ALLOCATION OF PRODUCTION, RECOVERY OF COSTS AND EXPENSES, PRODUCTION SHARING AND RIGHT OF EXPORT. 11.1 Contractor shall provide or procure the provision of all funds required to conduct Petroleum Operations under this ContractAgreement, except as otherwise provided in this ContractAgreement, and Contractor shall be entitled to recover its Costs and Expenses from Petroleum produced from the Contract Agreement Area as provided below.

Appears in 1 contract

Samples: Production Sharing Agreement (Canargo Energy Corp)

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