Commitment in Initial Period. In Contract Years 1, 2 and 3 mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for these Contract Years below: Contract Years Data Evaluation Surveys Xxxxx
Commitment in Initial Period. In each Contract Year mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year: Contract Year Data Evaluation Surveys Xxxxx 1 Interpretation and re- processing of existing seismic data. Systematic review of the hydrocarbon potential of the Contract Area through integrated geological, geophysical, structural, geochemical and other studies. Purchase of 2051 kilometres of multi- client 2D seismic. Nil 2 Interpretation of new and existing seismic data. Systematic review of the hydrocarbon potential of the Contract Area through integrated geological, geophysical, structural, geochemical and other studies. Acquisition and processing of a minimum of 500 kilometres of new 2D full-fold high quality seismic data. Nil 3 Interpretation of new and existing seismic data. Systematic review of the hydrocarbon potential of the Contract Area through integrated geological, geophysical, structural, geochemical and other studies. Xxx Xxx
Commitment in Initial Period. In each Contract Year mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year: Contract Year Data Evaluation Surveys Xxxxx 1 Nil Acquisition of 2001 kilometres of recently available 2D seismic data and 2337 kilometres of newly reprocessed 2D seismic data. Acquisition of 1060 kilometres of 2D seismic. Acquisition of 1020 square kilometres 3D seismic. Nil 2 Permit remapping and development of prospect inventory Nil 2 xxxxx 3 Permit re-evaluation Nil 2 xxxxx
Commitment in Initial Period. In each Contract Year mentioned below, the Contractors shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year: Contract Year Data Evaluation Surveys Xxxxx 1 Fieldwork Acquisition, processing and interpretation of 1150 km 2D seismic data N/A 2 Technical studies Sea-bed coring N/A 3 Technical studies N/A N/A
