Common use of CONTRACT TERRITORY Clause in Contracts

CONTRACT TERRITORY. 4.1. The Contractor shall perform hydrocarbons’ Exploration and Production within the Contract Territory in accordance with the Contract terms. 4.2. If during Exploration and Production of hydrocarbons at Dauletaly field, Atyrau Oblast, it is found that geographical boundaries of the Field exceed the Contract Territory’s limits stated by the Geological Lease, a matter of its expansion shall be settled by changing Contract terms in accordance with the legislation of the Republic of Kazakhstan, provided that such expansion does not damage interests of the other subsoil users. 4.3. Return of the Contract Territory, except for the territory of Commercial Discovery, shall be performed by the sixth year of the Contract Period.

CONTRACT TERRITORY. 4.1. The Contractor shall perform hydrocarbons’ Exploration exploration and Production production within the Contract Territory in accordance with the Contract terms. 4.2. If during Exploration the exploration and Production production of hydrocarbons at Dauletaly Karatal field, Atyrau OblastRegion, it is found that geographical boundaries of the Field exceed the Contract Territory’s limits stated by the Geological LeaseMining lease, a matter of its expansion shall be settled by changing Contract terms in accordance with the legislation Legislation of the Republic of Kazakhstan, Kazakhstan provided that such expansion does not doesn’t damage interests of the other subsoil Subsoil users. 4.3. Return of the Contract Territory, Territory except for the territory of Commercial Discovery, discovery shall be performed by the sixth year of the Contract Periodperiod.

CONTRACT TERRITORY. 4.1. The Contractor shall perform hydrocarbons’ Exploration exploration and Production production within the Contract Territory in accordance with the Contract terms. 4.2. If during Exploration the exploration and Production production of hydrocarbons at Dauletaly Morskoye field, Atyrau OblastRegion, it is found that geographical boundaries of the Field exceed the Contract Territory’s limits stated by in the Geological LeaseMining lease, a matter problem of its expansion shall be settled by changing Contract terms in accordance with the legislation Legislation of the Republic of Kazakhstan, Kazakhstan provided that such expansion does not doesn’t damage interests of the other subsoil Subsoil users. 4.3. Return of the Contract Territory, Territory except for the territory of Commercial Discovery, discovery shall be performed by the sixth year of the Contract Periodperiod.