Assessment of New Reservoir. The Concessionaire shall be able to assess a Discovery of Oil or Natural Gas into a New Reservoir at any time during the term of the Contract, taking into account, mutatis mutandis, the procedure of this seventh Clause.
Appears in 2 contracts
Samples: Concession Contract for Exploration and Production of Oil and Natural Gas, Concession Contract for Exploration and Production of Oil and Natural Gas
Assessment of New Reservoir. The Concessionaire shall Consortium Members will be able to assess evaluate a Discovery of Oil or Natural Gas into a New Reservoir at any time during the term of the Contract, taking into account, mutatis mutandis, the procedure of this seventh Clause.
Appears in 2 contracts
Samples: Production Sharing Contract, Production Sharing Contract
Assessment of New Reservoir. The Concessionaire shall will be able to assess a Discovery of Oil or Natural Gas into a New Reservoir at any time during the term of the Contract, taking into account, mutatis mutandis, the procedure of this seventh Clause.
Appears in 2 contracts
Samples: Concession Contract for Exploration and Production of Oil and Natural Gas, Concession Contract for Exploration and Production of Oil and Natural Gas
Assessment of New Reservoir. The Concessionaire shall will be able to assess a Discovery of Oil or Natural Gas into a New Reservoir or Non-Conventional Resource at any time during the term of the Contract, taking into account, mutatis mutandis, the procedure of this seventh Seventh Clause.
Appears in 1 contract
Samples: Concession Contract for Exploration and Production of Oil and Natural Gas
