Common use of Exploration Plan Clause in Contracts

Exploration Plan. 10.1. Within one hundred and twenty (120) Days following the Effective Date, the Contractor shall submit an Exploration Plan to the Minister for its approval. The Exploration Plan shall contemplate at least, the performance of all of the activities provided for in the Minimum Work Program and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake out during the term of the Prospecting Licence.

Appears in 2 contracts

Samples: Production Sharing Agreement, Sharing Agreement

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Exploration Plan. 10.1. Within one hundred and twenty (120) Days calendar days following the Effective Date, the Contractor shall submit an Exploration Plan to the Minister for its approval. The Exploration Plan shall contemplate provide for, at leastminimum, the performance of all of the activities provided for in the Minimum Exploration Work Program Programme and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake out during the term of the Prospecting Petroleum Exploration Licence.

Appears in 1 contract

Samples: Model Production Sharing Agreement

Exploration Plan. 10.1. Within one hundred and twenty (120) Days following the Effective Date, the Contractor shall submit an Exploration Plan to the Minister for its approval. The Exploration Plan shall contemplate at least, the performance of all of the activities provided for in the Minimum Exploration Work Program Programme and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake out during the term of the Prospecting Petroleum Exploration Licence.

Appears in 1 contract

Samples: Sharing Agreement

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Exploration Plan. 10.1. Within one hundred and twenty (120) Days calendar days following the Effective Date, the Contractor shall submit an Exploration Plan to the Minister for its approval. The Exploration Plan shall contemplate provide for, at leastminimum, the performance of all of the activities provided for in the Minimum Exploration Work Program Programme and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake out during the term of the Prospecting Petroleum Exploration Licence.

Appears in 1 contract

Samples: oilnow.gy

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