Annual Budget Statement. The Contractor shall submit to the Ministry an Annual Budget Statement pursuant to the provisions of Article 4 of the Contract. Such statement shall distinguish between budgeted Exploration Costs and Development and Production Costs by Quarter and shall correspond to the individual items of Petroleum Operations included in the Annual Work Program.
Appears in 3 contracts
Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract
Annual Budget Statement. The Contractor shall submit to the Ministry an Annual Budget Statement pursuant to the provisions of Article Article 4 of the Contract. Such statement shall distinguish between budgeted Exploration Costs and Development and Production Costs by Quarter and shall correspond to the individual items of Petroleum Operations included in the Annual Work Program.
Appears in 2 contracts
Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.)
