Common use of APPRAISAL OF A DISCOVERY; COMMERCIAL DISCOVERY Clause in Contracts

APPRAISAL OF A DISCOVERY; COMMERCIAL DISCOVERY. 11.1 As soon as a Discovery is confirmed, the CONTRACTOR shall so notify the Parties as soon as possible and not later than fifteen (15) days following the Discovery. Within sixty (60) Days following the confirmation of its existence, the CONTRACTOR shall submit to the Operating Committee a report concerning the Discovery that shall contain all available details.

Appears in 4 contracts

Samples: www.snh.cm, Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)

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APPRAISAL OF A DISCOVERY; COMMERCIAL DISCOVERY. 11.1 As soon as a Discovery is confirmed, the CONTRACTOR shall so notify the Parties as soon as possible and not later than fifteen (15) days following the Discovery. Within sixty (60) Days following the confirmation of its existence, the CONTRACTOR shall submit to the Operating Committee Committee, a report concerning the Discovery that shall contain all available details.

Appears in 3 contracts

Samples: s3.amazonaws.com, s3.amazonaws.com, s3.amazonaws.com

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