Development Expenditures. After delivery of Royalty in accordance with Article 12 and reimbursement of Operating Expenditures in accordance with Sub-article 13.2, Contractor shall be entitled to an amount of Crude Oil from the Commercial Field which, when valued at the Market Price, equals the Development Expenditures for such field carried forward pursuant to Sub-articles 13.5 and 13.6.
Appears in 4 contracts
Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract (Kosmos Energy Ltd.)
