Common use of Cost Recovery Petroleum Clause in Contracts

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC to the extent and out of - ------------ percent (---%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC to the extent and out of - ------------ ------------- percent (---%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC to the extent and out of - ------------ thirty percent (---%30%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC GANOPE to the extent and out of - ------------ …….. percent (---%….%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC EGAS to the extent and out of - ------------ ---------- percent (---%( %) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC to the extent and out of - ------------ ---------- percent (---%----------%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, Agreement CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC to the extent and out of - ------------ thirty percent (---%30%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Concession Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was approved by EGPC to the extent and out of - ------------ thirty-five percent (---%35%) of all Petroleum produced and saved from all all; Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply:

Cost Recovery Petroleum. Subject to the auditing provisions under this Agreement, CONTRACTOR shall recover quarterly all costs, expenses and expenditures in respect of all the Exploration, Development and related operations under this Agreement and which was were approved by EGPC EGAS to the extent and out of - ------------ ---------- percent (---%--%) of all Petroleum produced and saved from all Development Leases within the Area hereunder and not used in Petroleum operations. Such Petroleum is hereinafter referred to as "Cost Recovery Petroleum". For the purpose of determining the classification of all costs, expenses and expenditures for their recovery, the following terms shall apply: