Joint Petroleum Development Area Sample Clauses

Joint Petroleum Development Area. (a) The Joint Petroleum Development Area (JPDA) is established. It is the area in the Timor Sea contained within the lines described in Annex A.
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Joint Petroleum Development Area. If the Contract relates to, or Services are to be performed in, the Joint Petroleum Development Area (JPDA), this Article 24 shall apply to the Contract.
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Joint Petroleum Development Area. (a) The Joint Petroleum Development Area (JPDA) is established. It is the area in the Timor Sea contained within the lines described in Annex A. (b) Australia and East Timor shall jointly control, manage and facilitate the exploration, development and exploitation of the petroleum resources of the JPDA for the benefit of the peoples of Australia and East Timor. (c) Petroleum activities conducted in the JPDA shall be carried out pursuant to a contract between the Designated Authority and a limited liability corporation or entity with limited liability specifically established for the sole purpose of the contract. This provision shall also apply to the successors or assignees of such corporations. (d) Australia and East Timor shall make it an offence for any person to conduct petroleum activities in the JPDA otherwise than in accordance with this Treaty.
Sample 1
Joint Petroleum Development Area. (2) Corporate represents a reconciliation of reportable segment revenues, profit or loss, assets and liabilities to the consolidated figure. Financing requirements, finance income and expenses are managed at a Group level. Other items include non-segmental revenue, expenses and associated assets and liabilities not allocated to operating segments, mostly comprising corporate assets and expenses. It also includes expenses incurred by non-operating segments, such as new ventures and those undergoing relinquishment. Major Customer The Group’s most significant customer, Indian Oil Corporation Limited, in its capacity as nominee of the Government of India, represents 100% of the Group’s total revenues (2013:100%). JPDA (1) Indonesia Corporate (2) Consolidated 2013 2014 2013 2014 2013 2014 2013 $ $ $ $ $ $ $ - - - - - 250,620 195,925 - - - - - (421,741) (489,608) - - - - - 6,534 (3,338) - - - - - (415,207) (492,946) - - - - - (164,587) (297,021) (71,775) 291,609 (31,552) (638) 53,738 (1,718,674) (1,396,597) (740,149) - - - - - (4,590,149) (40) - - (58,447) (79,421) (85,179) (111,383) - - - (383,153) (361,920) (399,112) (366,236) - - - 695,032 (2,051) 695,032 1,196 (1,003) (22,401) (15,919) (2,794,676) (2,431,021) (2,880,736) (2,502,826) (812,967) 269,208 (47,471) (2,541,882) (2,820,675) (4,553,256) (9,263,016) 67,677 84,559 732,968 68,000 - - (3,752,611) (9,110,457) 382,598 - - 9,003,317 3,075,599 39,577,622 30,132,715 237,776 157,996 204,812 832,490 1,384,280 6,223,380 5,869,326 386,302 - - - - 4,521,508 350,823 - - - 223,434 151,758 26,656,278 22,832,804 - - - 50,573 56,002 64,480 59,592 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2014 NOTE 6 – REVENUE AND EXPENSES Loss from ordinary activities before income tax has been determined after the following revenues and expenses: Note 2014 $ 2013 $
Sample 1

Related to Joint Petroleum Development Area

  • Development Phase contractual phase initiated with the approval of ANP for the Development Plan and which is extended during the Production Phase while investments in xxxxx, equipment, and facilities for the Production of Oil and Gas according to the Best Practices of the Oil Industry are required.

  • Design Development Phase Services 3.3.1 Based on the Owner’s approval of the Schematic Design Documents, and on the Owner’s authorization of any adjustments in the Project requirements and the budget for the Cost of the Work, the Architect shall prepare Design Development Documents for the Owner’s approval. The Design Development Documents shall illustrate and describe the development of the approved Schematic Design Documents and shall consist of drawings and other documents including plans, sections, elevations, typical construction details, and diagrammatic layouts of building systems to fix and describe the size and character of the Project as to architectural, structural, mechanical and electrical systems, and other appropriate elements. The Design Development Documents shall also include outline specifications that identify major materials and systems and establish, in general, their quality levels.

  • Design Development Phase INDICATE IN STATEMENT OF WORK “NOT APPLICABLE” IF SECTION IS NOT APPLICABLE

  • Program Development NWESD agrees that priority in the development of new applications services by XXXXX shall be in accordance with the expressed direction of the XXXXX Board of Directors operating under their bylaws.

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Concession Area, including its abandonment.

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

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