Common use of Exploration Programme Clause in Contracts

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.

Appears in 2 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement

AutoNDA by SimpleDocs

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 Company 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- sub-article (b) of this Article).

Appears in 1 contract

Samples: Production Sharing Agreement

AutoNDA by SimpleDocs

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 shall, during the several periods into which Exploration Operations are divided hereunder hereunder, carry out the minimum work described and spend not less than the sums total minimum expenditure, if any, specified in sub- article (b) of this Article. (i) The Initial Exploration Period

Appears in 1 contract

Samples: Production Sharing Agreement

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