Exploration and Appraisal. (A) Within sixty (60) Days after the Effective Date and thereafter on or before1st Day of October of each Calendar Year, Operator shall deliver to the Parties a proposed Work Program and Budget detailing the Joint Operations to be performed for the remainder of the current Calendar Year and, if appropriate, for the following Calendar Year. Within thirty (30) Days after such delivery, the Operating Committee shall meet to consider and to endeavor to agree on a Work Program and Budget.
(B) If a Discovery is made, Operator shall deliver any notice of Discovery required under the Contract and shall as soon as possible submit to the Parties a report containing available details concerning the Discovery and Operator’s recommendation as to whether the Discovery merits appraisal. If the Operating Committee determines that the Discovery merits appraisal, Operator within thirty (30) Days shall deliver to the Parties a proposed Work Program and Budget for the appraisal of the Discovery. Within fifteen (15) Days after such delivery, or earlier if necessary to meet any applicable deadline under the Contract, the Operating Committee shall meet to consider, modify and then either approve or reject the appraisal Work Program and Budget. If the appraisal Work Program and Budget is approved by the Operating Committee, Operator shall take such steps as may be required under the Contract to secure approval of the appraisal Work Program and Budget by the Government. In the event the Government requires changes in the appraisal Work Program and Budget, the matter shall be resubmitted to the Operating Committee for further consideration.
(C) The Work Program and Budget agreed pursuant to this Article shall include at least that part of the Minimum Work Obligations required to be carried out during the Calendar Year in question under the terms of the Contract. If within the time periods prescribed in this Article 6.1 the Operating Committee is unable to agree on such a Work Program and Budget, then the proposal capable of satisfying the Minimum Work Obligations for the Calendar Year in question that receives the largest Participating Interest vote (even if less than the applicable percentage under Article 5.9) shall be deemed adopted as part of the annual Work Program and Budget. If competing proposals receive equal votes, then Operator shall choose between those competing proposals. Any portion of a Work Program and Budget adopted pursuant to this Article 6.1(D) instead of Artic...
Exploration and Appraisal. 26 6.2 Development............................................................................................27 6.3 Production.............................................................................................28 6.4 Itemization of Expenditures............................................................................28 6.5 Multi-Year Work Program and Budget.....................................................................29 6.6
Exploration and Appraisal. 6.2(A) Subject to Article 6.7, approval of any Work Program and Budget that includes:
(1) An Exploration Well, whether by drilling, Deepening or Sidetracking, shall include approval for all expenditures necessary for drilling, Deepening or Sidetracking, as applicable, and Testing and Completing an Exploration Well.
Exploration and Appraisal. A Subject to Article 6.8, approval of any Work Programme and Budget that includes:
Exploration and Appraisal. (a) For each Financial Year in which Exploration Operations and/or Appraisal Operations are planned, Operator shall on or before the date that is three months prior to the end of the preceding Financial Year, deliver to the Parties an Exploration and Appraisal Work Program and Budget for that Financial Year or Financial Years. Within 20 Business Days of such delivery, the Operating Committee must meet to vote on such Exploration and Appraisal Work Program and Budget.
(b) If a Discovery is made Operator shall deliver any notice of Discovery required under the Permits or the Laws and shall as soon as possible submit to the Parties a report containing all available details concerning the Discovery and Operator’s recommendation as to whether the Discovery merits Appraisal. Following delivery of Operator’s report, the Operating Committee shall meet to determine whether the Discovery merits Appraisal.
(c) Operator must, if the Operating Committee determines that a Discovery under clause 6.2(b) merits further Appraisal, deliver to the Parties a proposed additional Exploration and Appraisal Work Program and Budget for the Appraisal of the Discovery within 90 Days of the date on which the Operating Committee determines that a Discovery merits Appraisal.
(d) Within 60 Days of delivery of a proposed Work Program and Budget for additional Appraisal Operations pursuant to clause 6.1(c), or earlier if necessary to meet any applicable deadline under the Permits, the Operating Committee shall meet to consider, modify and then either approve or reject the proposed additional Work Program and Budget. Amending Deed – Joint Operating Agreement (Beetaloo JV) 51
Exploration and Appraisal. 37 6.2 Development ................................... 39 6.3 Production .................................... 41 6.4 Itemization of Expenditures ................... 41 6.5 Contract Awards ............................... 42 6.6 Authorization for Expenditure ("AFE") Procedure ............................. 44 6.7 Overexpenditures of Work Programs and Budgets ................................... 46
Exploration and Appraisal. 9.1.1 On or before the 15th Day of November of each Calendar Year, Operator shall deliver to the Parties a proposed Program and Budget detailing the Joint Operations to be performed for the following Calendar Year, except in the initial year of this Agreement the Program and Budget shall be submitted within thirty (30) days of the execution of this Agreement. Within thirty (30) days of such delivery, the Operating Committee shall meet to consider and to endeavor to agree on a Program and Budget.
9.1.2 If a Discovery is made, Operator shall deliver any notice of Discovery required under the License and shall as soon as possible submit to the Parties a report containing available details concerning the Discovery and Operator's recommendation as to whether the Discovery merits an Appraisal Well. If the Operating Committee determines that the Discovery merits an Appraisal Well, Operator within sixty (60) days, shall deliver to the Parties a proposed Program and Budget for the Appraisal of the Discovery. Within thirty (30) days of such delivery, the Operating Committee shall meet to consider, modify and then either approve or reject the Appraisal Program and Budget. If the Appraisal Program and Budget is approved by the Operating Committee, Operator shall take such steps as may be required under the License or Petroleum Law to secure approval of the Appraisal Program and Budget by the
