Common use of Decommissioning statement Clause in Contracts

Decommissioning statement. 18.1 In furtherance of its obligation to decommission facilities used in Petroleum Operations in accordance with the Decommissioning Plan, the Company shall prepare in respect of each Calendar Year after the grant of a Production Licence a decommissioning statement, containing the following information valid as at the end of the Year:

Appears in 6 contracts

Samples: Petroleum Agreement (Elephant Oil Corp.), Petroleum Agreement, Petroleum Agreement

AutoNDA by SimpleDocs

Decommissioning statement. 18.1 In furtherance of its obligation to decommission facilities used in Petroleum Operations in accordance a ccordance with the Decommissioning Plan, the Company shall prepare in respect of each Calendar Year after the grant of a Production Licence a decommissioning statement, containing the following information valid as at the end of the Year:

Appears in 1 contract

Samples: Model Petroleum Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.