Commitment in Second Period. In each Contract Year mentioned below, and unless the Contractor has relinquished all of the Contract Area (not being a Development Area, Oil Retention Area or a Gas Retention Area) before the start of the fourth (4th) Contract Year, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:
Appears in 4 contracts
Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract
Commitment in Second Period. In each Contract Year Years 4 and 5 mentioned below, and unless the Contractor has relinquished all of the Contract Area (not being a Development Area, Oil Retention Area or a Gas Retention Area) before the start of the fourth (4th) Contract Year, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that these Contract YearYears below:
Appears in 2 contracts
Samples: Production Sharing Contract, Production Sharing Contract
Commitment in Second Period. In each Contract Year mentioned below, and unless the Contractor has relinquished all of the Contract Area (not being a Development Area, Oil Retention Area or a Gas Retention Area) before the start of the fourth (4th4t ) Contract Year, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:: [•] [•] [•] [•] [•] [•]
Appears in 1 contract
Samples: Production Sharing Contract
Commitment in Second Period. In each Contract Year mentioned below, and unless the Contractor has Contractors have relinquished all of the Contract Area (not being a Development Area, Oil Retention Area or a Gas Retention Area) before the start of the fourth (4th) Contract Year, the Contractor Contractors shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:. 5 [•] [•] [•]
Appears in 1 contract
Samples: Production Sharing Contract
Commitment in Second Period. In each Contract Year mentioned below, and unless the Contractor has relinquished all of the Contract Area (not being a Development Area, Oil Retention Area or a Gas Retention Area) before the start of the fourth (4th) Contract Year, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:: 4 [•] [•] [•] 5 [•] [•] [•]
Appears in 1 contract
Samples: Production Sharing Contract
Commitment in Second Period. In each Contract Year mentioned below, and unless the Contractor has relinquished all of the Contract Area (not being a Development Area, Oil Retention Area or a Gas Retention Area) before the start of the fourth (4th) Contract Year, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:fourth
Appears in 1 contract
Samples: Production Sharing Contract
