Common use of Assessment of New Reservoir Clause in Contracts

Assessment of New Reservoir. 12.7. The Consortium Members may assess a Discovery in a New Reservoir at any time during the effectiveness of the Agreement, according to the procedure provided for in Section Twelve, as appropriate. Discovery Assessment through Extended Well Test

Appears in 5 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

AutoNDA by SimpleDocs

Assessment of New Reservoir. 12.7. The Consortium Members may assess a Discovery in a New Reservoir at any time during the effectiveness of the Agreement, according to the procedure provided for in Section Twelve, as appropriate. Discovery Assessment through Extended Well Test.

Appears in 5 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

Assessment of New Reservoir. 12.7. The Consortium Members may assess a Discovery in a New Reservoir at any time during the effectiveness of the Agreement, according to the procedure provided for in Section Twelvethis section, as appropriate. Discovery Assessment through Extended Well Test.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

Assessment of New Reservoir. 12.7. The Consortium Members may assess a Discovery of Oil and Gas in a New Reservoir at any time during the effectiveness of the Agreement, according to the procedure provided for in Section Twelve, as appropriate. Discovery Assessment through Extended Well Test.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, Consortium Agreement

AutoNDA by SimpleDocs

Assessment of New Reservoir. 12.7. The Consortium Members may assess a Discovery in a New Reservoir at any time during the effectiveness of the Agreement, according to the procedure provided for in Section Twelve, as appropriate. Discovery Assessment through Extended Well Test.

Appears in 4 contracts

Samples: Consortium Agreement, Consortium Agreement, brazilrounds.anp.gov.br

Assessment of New Reservoir. 12.7. The Consortium Members may assess a Discovery in a New Reservoir at any time during the effectiveness of the Agreement, according to the procedure provided for in Section Twelvethis section, as appropriate. Discovery Assessment through Extended Well Test.

Appears in 2 contracts

Samples: Consortium Agreement, Consortium Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.