Common use of Commercial Discovery Bonus Clause in Contracts

Commercial Discovery Bonus. Upon Commercial Discovery the Contractor shall pay to the State by deposit into the National Petroleum Account Five Million Five Hundred Thousand United States dollars (U.S. $5,500,000).

Appears in 3 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)

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Commercial Discovery Bonus. Upon Commercial Discovery the Contractor shall pay to the State by deposit into the National Petroleum Account Five Six Million Five Hundred Thousand United States dollars (U.S. U.S $5,500,0006,000,000).

Appears in 2 contracts

Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract

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