Common use of Assessment of New Reservoir Clause in Contracts

Assessment of New Reservoir. The Concessionaire 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 Seven, as appropriate.

Appears in 4 contracts

Samples: Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas

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Assessment of New Reservoir. The Concessionaire 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 Seventhis Section, as appropriate.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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Assessment of New Reservoir. The Concessionaire 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 Seven, as appropriate.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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