Common use of Notification of Discovery Clause in Contracts

Notification of Discovery. If the Contractor discovers Hydrocarbons in the Contract Area it shall notify the Ministry as soon as possible, but not later than thirty (30) days after the date of such Discovery. This notice shall include all relevant information in accordance with generally accepted practice of the international petroleum industry including particulars of any production testing program which the Contractor has carried out or proposes to carry out during drilling operations.

Appears in 7 contracts

Samples: Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.), Production Sharing Contract (Kosmos Energy Ltd.)

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Notification of Discovery. If the Contractor discovers Hydrocarbons in the Contract Area it shall will notify the Ministry as soon as possible, but not later than thirty (30) days after the date of such the Discovery. This notice shall will include all relevant information in accordance with generally accepted practice the good practices of the international petroleum industry industry, including particulars the details of any production testing program which that the Contractor has carried out or proposes to carry out during drilling operations.

Appears in 1 contract

Samples: Production Sharing Contract (Kosmos Energy Ltd.)

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