GOVERNMENT PARTICIPATION. (1) The Government may elect to participate in the petroleum operations in any Development area and acquire an interest of up twenty per cent (20%) (hereinafter referred to as "Participating Interest") of the total interest in that development area. The Government may participate either directly or through an appointee
Appears in 6 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
GOVERNMENT PARTICIPATION. (1) The Government may elect to participate in the petroleum operations in any Development development area and acquire an interest of up twenty per cent (20%) (hereinafter referred to as "Participating Interest") of the total interest in that development area. The Government may participate either directly or through an appointee
Appears in 3 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement (CAMAC Energy Inc.)