Individualization of Production. The procedure of Individualization of Production of Oil and Gas shall be started under the Applicable Laws and Regulations when it is identified that a Deposit extends beyond the Contract Area.
Appears in 5 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Individualization of Production. The procedure of Individualization of Production of Oil and Gas shall be started initiated under the Applicable Laws and Regulations when it is identified that a Deposit extends beyond the Contract Area.
Appears in 3 contracts
Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement, Production Sharing Agreement
Individualization of Production. The procedure of Individualization of Production of Oil and Gas shall be started under the Applicable Laws and Regulations when if it is identified that a Deposit extends beyond the Contract Area. The Manager will be a signatory to the Production Individualization Agreement as an Intervening Consenting Party, except in the case of art. 4, IV, of Law No. 12,304/2010.
Appears in 1 contract
Samples: Production Sharing Agreement
