GRANT OF RIGHT TO INITIATE OPERATIONS ON POGC USUFRUCTS IN CERTAIN CIRCUMSTANCES Sample Clauses

GRANT OF RIGHT TO INITIATE OPERATIONS ON POGC USUFRUCTS IN CERTAIN CIRCUMSTANCES. 6.1 It is possible that APACHE and FXEN may wish to initiate and conduct geological and geophysical investigations or drilling operations on POGC Concessions. In principle, POGC is willing to give its consent to such activities on a case by case basis, especially in cases where APACHE and FXEN agree to operate and pay for the further investigations at their sole risk. APACHE and FXEN are encouraged to present any detailed proposal for consideration by POGC, including in such proposal the specific investigations or operations proposed to be carried out at the sole risk of APACHE and FXEN and the specific operations which will be earning events under Articles 4 and 5. Subject to POGC approval, APACHE shall have the right to serve as operator in the applicable POGC Concession pursuant to the Operating Documents.
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