Exploration Programme Sample Clauses

Exploration Programme. ‌ (a) Subject to the provisions of this Article in discharge of its obligation to carry out Exploration Operations in the Contract Area the Contractor shall during the several periods into which Exploration Operations are divided hereunder carry out the work described and spend not less than the sums specified in sub- article (b) of this Article.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Exploration Programme. (a) Subject to the provisions of the Act and this Article, in discharging of its obligation to carry out Exploration Operations in the Contract Area, the Contractor shall, during the periods into which Exploration Operations are divided hereunder, carry out the minimum work described and spend not less than the total minimum expenditure, if any, specified in paragraph (b) of this Article. The fulfillment of any work obligation shall relieve Contractor of the corresponding minimum expenditure obligation, but the fulfillment of any minimum expenditure obligation shall not relieve Contractor of the corresponding work obligation. (i) The Initial Exploration Period Description of minimum work programme:
Sample 1
Exploration Programme. Subject to the provisions of this Agreement, in discharge of its obligations to carry out prospecting operations in the contract area, the Contractor shall carry out the minimum work described herein, during the periods into which prospecting operations are divided hereunder - After the preparation period of six (6) months from the effective date, the initial period of four (4) years shall commence. The initial period shall be divided into two (2) phases, each phase consisting of two (2) years duration. (i) Phase One - (2 years)
Sample 1
Exploration Programme. Subject to the provisions of this Agreement, in discharge of its obligations to carry out prospecting operations in the contract area, the Contractor shall carry out the minimum work described herein, during the periods into which prospecting operations are divided hereunder - (i) Phase One - (2 years)
Sample 1
Exploration Programme. During the Exploration Phases, the Contractor shall prepare an Exploration Programme for each phase from the Effective Date of the Contract, a programme which shall contain the following information:
Sample 1
Exploration Programme. (a) Subject to the provisions of this Article in discharge of its obligation to carry out Exploration Operations in the Contract Area the Contractor shall during the several periods into which Exploration Operations are divided hereunder carry out the work described and spend not less than the sums specified in sub-article (b). (b) Initial Exploration Period Commencing on the day on which the Exploration License is granted to XXX Corporation pursuant to Article 3 and terminating on the fourth anniversary of that date: Description of Work: Undertake geological and Geophysical surveys and related activities as deemed necessary by the Contractor; shoot [XX] kms of seismic; and Drill of [XX] Exploration Xxxxx. Minimum Expenditure for this period : US $ 000.000 million. First Extension Period Commencing on the day on which a first extension of the license granted is issued to XXX Corporation pursuant to Article 3 takes effect and terminating on the fourth anniversary of that date: Description of Work: Drill [XX] Exploration Xxxxx; and undertake any additional geological and geophysical surveys and related activities as deemed necessary by the Contractor. Minimum Expenditure for this period : US $ 000.000 million. Second Extension Period Commencing on the day on which a second extension of the license granted to XXX Corporation pursuant to Article 3 takes effect and terminating on the third anniversary of that dated: Description of Work : Drill XX Exploration Xxxxx; and undertake any additional geological and geophysical surveys and related activities as deemed necessary by the Contractor. Minimum Expenditure For this period : US $ 000.000 million. No exploration Well drilled by the Contractor shall be treated as discharging any obligation of the Contractor to drill Exploration Xxxxx hereunder unless it has been drilled to the depth or stratigraphic level agreed with the Minister, or before reaching such depth or stratigraphic level: (i) the economic basement is encountered or (ii) insurmountable technical problems are encountered which, in accordance with good oilfield practice, makes further drilling unsafe or impractical; provided that if the said well is abandoned owing to the said problems before reaching the economic basement, the Contractor shall drill a substitute Exploration Well in the Contract Area to the same minimum depth as aforesaid unless otherwise agreed with the Minister. For the purpose of this sub-article "economic basement" means any stratum...
Sample 1
Exploration Programme. 7.7.1 Test Production and pilot commercial development during the Exploration Period shall be carried out on the basis of the plan of the performance of Exploration (Exploration Programme). The Exploration Programme shall be prepared in accordance with the Legislation and Good Practice of Field Exploration and Development. 7.7.2 Upon approval of the Exploration Programme and obtaining of the Nature Use Permit, the Contractor shall implement the Exploration Period [sic.]. The Contractor shall be obliged to finance and carry out only such Exploration work that was approved by the Exploration Programme. 7.7.3 Within the Exploration Programme the Contractor shall prepare, agree and have the Test Production Programme approved by the Central Commission For Development of Oil and Gas Fields ("CCD") of the Ministry of Energy and Mineral Resources of the Republic. 7.7.4 When necessary, the Contractor may apply to the Competent Authority for assistance in amending the Exploration Programme. All amendments to the Exploration Programme shall be made in accordance with the procedure provided by the Legislation.
Sample 1
AutoNDA by SimpleDocs
Exploration Programme 
Sample 1Sample 2

Related to Exploration Programme

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • Feasibility Study A feasibility study will identify the potential costs, service quality and other benefits which would result from contracting out the work in question. The cost analysis for the feasibility study shall not include the Employer’s indirect overhead costs for existing salaries or wages and benefits for administrative staff or for rent, equipment, utilities, and materials, except to the extent that such costs are attributable solely to performing the services to be contracted out. Upon completion of the feasibility study, the Employer agrees to furnish the Union with a copy if the feasibility study, the bid from the Apparent Successful Bidder and all pertinent information upon which the Employer based its decision to contract out the work including, but not limited to, the total cost savings the Employer anticipates. The Employer shall not go forward with contracting out the work in question if more than sixty percent (60%) of any projected savings resulting from the contracting out are attributable to lower employee wage and benefit costs.

  • Project Plan Development of Project Plan Upon the Authorized User’s request, the Contractor must develop a Project Plan. This Project Plan may include Implementation personnel, installation timeframes, escalation procedures and an acceptance plan as appropriate for the Services requested. Specific requirements of the plan will be defined in the RFQ. In response to the RFQ, the Contractor must agree to furnish all labor and supervision necessary to successfully perform Services procured from this Lot. Project Plan Document The Contractor will provide to the Authorized User, a Project Plan that may contain the following items: • Name of the Project Manager, Contact Phone Numbers and E-Mail Address; • Names of the Project Team Members, Contact Phone Numbers and E-Mail Address; • A list of Implementation milestones based on the Authorized User’s desired installation date; • A list of responsibilities of the Authorized User during system Implementation; • A list of designated Contractor Authorized Personnel; • Escalation procedures including management personnel contact numbers; • Full and complete documentation of all Implementation work; • Samples of knowledge transfer documentation; and • When applicable, a list of all materials and supplies required to complete the Implementation described in the RFQ. Materials and Supplies Required to Complete Implementation In the event that there are items required to complete an Implementation, the Contractor may request the items be added to its Contract if the items meet the scope of the Contract. Negotiation of Final Project Plan If the Authorized User chooses to require a full Project Plan, the State further reserves the right for Authorized Users to negotiate the final Project Plan with the apparent RFQ awardee. Such negotiation must not substantively change the scope of the RFQ plan, but can alter timeframes or other incidental factors of the final Project Plan. The Authorized User will provide the Contractor a minimum of five (5) business days’ notice of the final negotiation date. The Authorized User reserves the right to move to the next responsible and responsive bidder if Contractor negotiations are unsuccessful.

  • Training Program It is agreed that there shall be an Apprenticeship Training Program, the provisions of which are set forth in Exhibit "D", which is attached hereto and forms part of this Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!