Common use of EXPLORATION WORK Clause in Contracts

EXPLORATION WORK. 4.1 Exploration Work shall mean all exploration and appraisal studies and operations in order to establish the existence of Hydrocarbons in commercially exploitable quantities, conducted in or in relation to the Area of Interest, either within the Exploration Permits or the Exploitation Concession(s), whether these activities are carried out within or outside Morocco. Exploration Work includes but is not limited to the following: · hydrographic, geodesic, meteorological and topographic studies and surveys, if these operations are necessary for the Exploration Work and, in the case of appraisal, operations to determine the limits and the productive capacity of a Hydrocarbon deposit in order to help in making a decision whether or not to develop such Hydrocarbon deposit. · geological and geophysical studies and surveys. · studies and surveys aimed at determining the locations of Exploration Xxxxx and Appraisal Xxxxx; · drilling operations regarding Exploration Xxxxx and Appraisal Xxxxx; · tests and studies for the evaluation of reservoirs.

Appears in 2 contracts

Samples: Petroleum Agreement, Petroleum Agreement (Kosmos Energy Ltd.)

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EXPLORATION WORK. 4.1 Exploration Work shall mean all exploration and appraisal studies and operations in order to establish the existence of Hydrocarbons in commercially exploitable quantities, conducted in or in relation to the Area of Interest, either within the Exploration Permits or the Exploitation Concession(s), whether these activities are carried out within or outside Morocco. Exploration Work includes but is not limited to the following: · hydrographic, geodesic, meteorological and topographic studies and surveys, if these operations are necessary for the Exploration Work and, in the case of appraisal, operations to determine the limits and the productive capacity of a Hydrocarbon deposit in order to help in making a decision whether or not to develop such Hydrocarbon deposit. ; · geological and geophysical studies and surveys. ; · studies and surveys aimed at determining the locations of Exploration Xxxxx and Appraisal Xxxxx; · drilling operations regarding Exploration Xxxxx and Appraisal Xxxxx; and · tests and studies for the evaluation of reservoirs.

Appears in 2 contracts

Samples: Petroleum Agreement (Kosmos Energy Ltd.), Petroleum Agreement (Kosmos Energy Ltd.)

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