INVENTORIES DURING INITIAL EXPLORATION OPERATIONS. Prior to the date of approval of the first Annual Work Program and Annual Budget submitted pursuant to Article 4 of the Contract, the Contractor shall prepare an initial annual schedule (to be included as part of the material statement required under Article 6 of this Accounting Procedure) of all property to be used for Petroleum Operations and its value as shown in the Contractor’s books.
Appears in 4 contracts
Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract
INVENTORIES DURING INITIAL EXPLORATION OPERATIONS. Prior to the date of approval of the first Annual Work Program and Annual Budget submitted pursuant to Article Article 4 of the Contract, the Contractor shall prepare an initial annual schedule (to be included as part of the material statement required under Article Article 6 of this Accounting Procedure) of all property to be used for Petroleum Operations and its value as shown in the Contractor’s books.
Appears in 2 contracts
Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.)
INVENTORIES DURING INITIAL EXPLORATION OPERATIONS. Prior to the date of approval of the first Annual Work Program and Annual Budget submitted pursuant to Article 4 4 of the Contract, the Contractor shall prepare an initial annual schedule (to be included as part of the material statement required under Article 6 6 of this Accounting Procedure) of all property to be used for Petroleum Operations and its value as shown in the Contractor’s books.
Appears in 1 contract
