Common use of MINIMUM EXPLORATION WORK PROGRAMME Clause in Contracts

MINIMUM EXPLORATION WORK PROGRAMME. 7.1 Contractor shall commence Exploration Operations hereunder within ninety (90) days after the Effective Date. Such Exploration Operations shall be diligently and continuously carried out in accordance with sound and current international Petroleum industry practices for the duration of the Exploration Period. 7.2 During the first phase of the Exploration Period, Contractor shall carry out to the value of ………………. United States Dollars (US$................) at least the following Minimum Exploration Work Programme consisting of ………… Work Units:

Appears in 5 contracts

Samples: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

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MINIMUM EXPLORATION WORK PROGRAMME. 7.1 Contractor shall commence Exploration Operations hereunder within ninety (90) days after the Effective Date. Such Exploration Operations shall be diligently and continuously carried out in accordance with sound and current international Petroleum industry practices for the duration of the Exploration Period. 7.2 During the first phase of the Exploration Period, Contractor shall carry out to the value of ………………. United .United States Dollars (US$...................................) at least the following Minimum Exploration Work Programme consisting of ………… Work Units:

Appears in 1 contract

Samples: Deep Water Production Sharing Contract

MINIMUM EXPLORATION WORK PROGRAMME. 7.1 Contractor shall commence Exploration Operations hereunder within ninety (90) days after the Effective Date. Such Exploration Operations shall be diligently and continuously carried out in accordance with sound and current international Petroleum industry practices for the duration of the Exploration Period. 7.2 During the first phase of the Exploration Period, Contractor shall carry out to the value of …………………………. ………………………… United States Dollars (US$................US$ ) at least the following Minimum Exploration Work Programme consisting of ………… Work Units:

Appears in 1 contract

Samples: Production Sharing Contract

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MINIMUM EXPLORATION WORK PROGRAMME. 7.1 Contractor shall commence Exploration Operations hereunder within ninety (90) days after the Effective Date. Such Exploration Operations shall be diligently and continuously carried out in accordance with sound and current international Petroleum industry practices for the duration of the Exploration Period. 7.2 During the first phase of the Exploration Period, Contractor shall carry out to the value of ………………. United States Dollars (US$................USD ) at least the following Minimum Exploration Work Programme consisting of ………… Work Units:

Appears in 1 contract

Samples: Production Sharing Contract

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