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Common use of Associated Natural Gas Clause in Contracts

Associated Natural Gas. If THE CONTRACTOR discovers one or more Commercial Fields with associated natural gas, it will present XXX a project for the use of the associated natural gas, in the three Years following the beginning of Production of each Commercial Field. If THE CONTRACTOR fails to perform this obligation, XXX may dispose of the associated natural gas coming from those fields, free of charge, subject to the legal provisions in force.

Appears in 3 contracts

Samples: Exploration and Production Contract, Exploration and Production Contract (GeoPark LTD), Exploration and Production Contract (GeoPark Holdings LTD)