Assessment of New Reservoir. The Consortium Members may proceed to the Discovery Assess in a New Reservoir at any time during the effectiveness of the Agreement. If ANP request for a proposal for Discovery Assessment Plan, it shall be submitted to approval. ANP shall have a term of up to sixty (60) days of receipt of the Discovery Assessment Plan to approve it or reasonably notify the Consortium Members for them to make modifications.
Appears in 2 contracts
Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement
