Common use of Itemization of Expenditures Clause in Contracts

Itemization of Expenditures. (A) During the preparation of the proposed Work Programs and Budgets unless additional new Discoveries are made that warrant a sperate new Proposal to be contemplated in this Article VI, Operator shall consult, as necessary, with the other Parties regarding the contents of such Work Programs and Budgets and Development Plans. (B) Each Work Program and Budget and Development Plan submitted by Operator shall contain at itemized estimate of the costs of Operations and all other expenditures to be made for the Project Account during the Calendar Year in question and shall, inter alia: (1) identify each work category in sufficient detail to afford the ready identification of the nature, scope and duration of the activity in question, (2) include such reasonable information regarding Operator’s allocation procedures and estimated manpower costs as the Operations may require, (3) comply with the requirements of the Lease Agreement, and (4) contain an estimate of funds to be expended by Calendar Year. (C) The Work Program and Budget shall designate the portion or portions of the Lease Area in which Operations itemized in such Work Program and Budget are to be conducted and shall specify the kind and extent of such operations in such detail as the Operator may deem suitable.

Itemization of Expenditures. (A) During the preparation of the proposed Work Programs and Budgets unless additional new Discoveries are made that warrant a sperate new Proposal to be and Development Plans contemplated in this Article VI, Operator shall consult, as necessary, consult with the other Parties Operating Committee or the appropriate subcommittees regarding the contents of such Work Programs and Budgets and Development Plans. (B) Each Work Program and Budget and Development Plan submitted by Operator shall contain at an itemized estimate of the costs of Joint Operations and all other expenditures to be made for the Project Joint Account during the Calendar Year in question and shall, inter alia:INTER ALIA: Alliance Operating Agreement - 20F (1) identify each work category in sufficient detail to afford the ready identification of the nature, scope and duration of the activity in question,; (2) include such reasonable information regarding Operator’s 's allocation procedures and estimated manpower costs as the Operations Operating Committee may require,determine; (3) comply with the requirements of the Lease Concession Agreement, and (4) contain an estimate of funds to be expended by Calendar Year. (C) The Work Program and Budget shall designate the portion or portions of the Lease Concession Area in which Joint Operations itemized in such Work Program and Budget are to be conducted and shall specify the kind and extent of such operations in such detail as the Operator Operating Committee may deem suitable.

Itemization of Expenditures. (Aa) During the preparation of the proposed Work Programs and Budgets unless additional new Discoveries are made that warrant a sperate new Proposal to be and Development Plans contemplated in this Article VIclause 6, Operator shall consult, as necessary, consult with the other Parties Operating Committee or the appropriate subcommittees regarding the contents of such Work Programs and Budgets and Development Plans. (Bb) Each Work Program and Budget (following the Exploration Period) and Development Plan submitted by Operator shall contain at an itemized estimate of the costs of Joint Operations and all other expenditures to be made for the Project Joint Account during the Calendar Year in question and shall, inter alia: (1i) identify each work category in sufficient detail to afford the ready identification of the nature, scope and duration of the activity in question,; (2ii) include such reasonable information regarding Operator’s allocation procedures and estimated manpower costs as the Operations Operating Committee may require,determine; (3iii) comply with the requirements of the Lease Agreement, andPSC; (4) contain an estimate of funds to be expended by Calendar Year. (Cc) The Work Program and Budget shall designate the portion or portions of the Lease Contract Area in which Joint Operations itemized in such Work Program and Budget are to be conducted and shall specify the kind and extent of such operations in such detail as the Operator Operating Committee may deem suitable.