Minimum Work Program. During the Exploration Period, the Contractor undertakes to carry out the following minimum work program:
Minimum Work Program. It mean the Work Units that the Contractor is obliged to perform in each stage of the Exploration Phase, in accordance with Article 12 and Appendix D: Minimum Work Program.
Minimum Work Program. During the Exploration Period, the Contractor commits itself to executing the following program of minimum work: First Exploration Sub- Period: _ _ months 2D seismic acquisition Amount (km) Cost ($) 3D seismic acquisition Amount (sq km) Cost ($) Exploration well(s) Number Depth (mss) Stratigraphic Target Cost ($ per well) Other Studies / Data (specify) Contingent Work Total Cost First Exploration Sub-Period …$MM Second Exploration Sub- Period _ _ months 2D seismic acquisition Amount (km) Cost ($) 3D seismic acquisition Amount (sq km) Cost ($) Exploration well(s) Number Depth (mss) Stratigraphic Target Cost ($ per well) Other Studies / Data (specify) Contingent Work Total Cost Second Exploration Sub-Period …$MM
Minimum Work Program. 75 AGREEMENT, dated December 17, 1998 between NINOTSMINDA OIL COMPANY, a company organized and existing under the laws of Cyprus (the "Company"), and INTERNATIONAL FINANCE CORPORATION, an international organization established by Articles of Agreement among its member countries ("IFC").
Minimum Work Program. The Minimum Work Program to be implemented during the Initial Exploration Period shall include at a minimum the following activities with the minimum values indicated:2 [To be inserted for each Contract Area] 2 The Minimum Work Program shall include any additional investment commitment offered by the Contractor in the Bidding Process.
