Common use of Exploration Plan Clause in Contracts

Exploration Plan. document specifying all exploration activities to be developed in the Contract Area during the Exploration Phase, as well as their physical and financial planning, and which should mandatorily contemplate the Minimum Exploration Program.

Exploration Plan. document specifying containing the description and the physical and financial planning of all exploration activities to be developed in the Contract Area during the Exploration Phase, as well as their physical and financial planning, and which should mandatorily contemplate the Minimum Exploration Program.