Exploratory Wells Clause Samples

Exploratory Wells. Any well designated as said by THE ASSOCIATE to be drilled or ▇▇▇▇ened on their own in the Contracted Area in search for Oil. For the purpose of fulfilling the covenants agreed to in Clause 5 of this contract, said exploratory well shall be previously qualified by ECOPETROL and THE ASSOCIATE.
Exploratory Wells. Operations by All Pa▇▇▇▇▇ 17 10.2 Second Opportunity to Participate 17 10.3 Operations by Fewer Than All Parties 18 10.3.1 Subsequent Exploratory Wells ▇▇ 10.3.2 Subsequent Exploratory Wells/Non-Production Reversion ▇▇ 10.4 Course of Action After Drilling to the Initial Objective Depth 19
Exploratory Wells