Common use of Drilling and Abandonment of Xxxxx Clause in Contracts

Drilling and Abandonment of Xxxxx. The Consortium Members shall previously notify ANP of the start of drilling of any well in the Contract Area. The Consortium Members may interrupt the well drilling and abandon it before achieving the exploratory objective established, pursuant to the Applicable Laws and Regulations and according to the Best Practices of the Oil Industry. If the well is part of the Minimum Exploration Program and does not achieve its exploratory objective established in Annex II, its drilling shall not be calculated for purposes of compliance with the Minimum Exploration Program, unless ANP, at its sole discretion, so decides. ANP may exceptionally authorize drilling of xxxxx in locations outside the Contract Area, due to Production Individualization Agreements or environmental issues.

Drilling and Abandonment of Xxxxx. The Consortium Members shall previously notify ANP of the start of drilling of any well in the Contract Area. The Consortium Members may interrupt the well drilling and abandon it the well before achieving the exploratory objective established, pursuant to the Applicable Laws and Regulations and according to the Best Practices of the Oil Industry. If the well is part of the Minimum Exploration Program and does not achieve its exploratory exploration objective established in Annex II, its drilling shall not be calculated accounted for purposes of compliance complying with the Minimum Exploration Program, unless ANP, at its sole discretion, so decides. ANP may exceptionally authorize drilling of xxxxx in locations outside the Contract Area, due to Production Individualization Agreements or environmental issues.

Drilling and Abandonment of Xxxxx. The Consortium Members Operator shall previously notify ANP in advance of the start of drilling of any well in the Contract Agreement Area. The Consortium Members may interrupt the drilling of the well drilling and abandon it before achieving reaching the expected exploratory objective establishedobjective, pursuant to following the Applicable Laws Legislation and Regulations and according to in accordance with the Best Practices of the Oil Industry. If the well is part of the Minimum Exploration Program and does not achieve its the exploratory objective established in Annex II, its drilling shall will not be calculated computed for purposes the purpose of compliance complying with the Minimum Exploration Program, unless ANP, at its sole discretion, so decides. ANP may exceptionally may, exceptionally, authorize the drilling of xxxxx in locations outside a location external to the Contract Agreement Area, due to Production Individualization Agreements or environmental issues.

Drilling and Abandonment of Xxxxx. The Consortium Members Operator shall previously notify ANP of the start of drilling of any well in the Contract Area. The Consortium Members may interrupt the well drilling and abandon it before achieving reaching the expected exploratory objective establishedobjective, pursuant to the Applicable Laws and Regulations and according to the Best Practices of the Oil Industry. If In case the well is part of the Minimum Exploration Program and does not achieve its the exploratory objective established in Annex II, its drilling shall not be calculated taken into account for purposes of compliance with the Minimum Exploration Program, unless ANP, so decided by ANP at its sole discretion, so decides. ANP may exceptionally authorize drilling of xxxxx in locations outside the Contract Area, due to Production Individualization Agreements or environmental issues.