Common use of Fifth year Clause in Contracts

Fifth year. Geological and geophysical studies. · Reinterpretation of seismic lines based on new data obtained in the research drill done during the previous year. Sixth year: · Realization of research drill, with an estimated investment of US$ 15,000,000.00 (fifteen million United States dollars).

Appears in 5 contracts

Samples: Contract for Exploration and Production Rights, Contract for Exploration and Production Rights (Kosmos Energy Ltd.), Contract for Exploration and Production Rights (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs