Common use of CBM Production and Allocation Clause in Contracts

CBM Production and Allocation. 13.1 The Operator shall, in accordance with the production profile, adjusted as the case may be, set forth in the approved Overall Development Program for each CBM Field, work out a CBM production plan for each CBM Field in each Calendar Year and carry out CBM production pursuant to such plan.

Appears in 4 contracts

Samples: Sharing Contract (Pacific Asia China Energy Inc.), Pacific Asia China Energy Inc., Pacific Asia Petroleum Inc

AutoNDA by SimpleDocs

CBM Production and Allocation. 13.1 The Operator shall, in accordance with the production profile, adjusted as the case may be, set forth in the approved Overall Development Program for each CBM Field, work out a CBM production and joint marketing plan for each CBM Field in each Calendar Year and carry out CBM production pursuant to such plan. Such plan shall have the Operator receiving all proceeds from sales and making payments and accounting for cost recovery as detailed below.

Appears in 3 contracts

Samples: resourcecontracts.org, Production Sharing Contract (Far East Energy Corp), Production Sharing Contract (Far East Energy Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!