Common use of Offtake Agreement for Crude Oil Clause in Contracts

Offtake Agreement for Crude Oil. If crude oil is to be produced from an Exploitation Area, the Parties shall in good faith, and not less than three months prior to first delivery of crude oil, negotiate and conclude the terms of an agreement to cover the offtake of crude oil produced under the Contract. The State may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the Contract, make provision for:

Appears in 3 contracts

Samples: www.sec.gov, resourcecontracts-nrgi.s3-us-west-2.amazonaws.com, Agreement (Kosmos Energy Ltd.)

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Offtake Agreement for Crude Oil. If crude oil is to be produced from an Exploitation Area, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oil, negotiate and conclude the terms of an agreement to cover the offtake of crude oil produced under the Contract. The State GNPC may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the Contract, make provision for:

Appears in 3 contracts

Samples: Joint Operating Agreement, Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement

Offtake Agreement for Crude Oil. If crude oil is to be produced from an Exploitation Area, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oil, negotiate and conclude the terms of an agreement agreements to cover the offtake of crude oil produced under the Contract. The State GNPC may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the Contract, make provision for:

Appears in 2 contracts

Samples: Joint Operating Agreement, Joint Operating Agreement (Kosmos Energy Ltd.)

Offtake Agreement for Crude Oil. If crude oil Crude Oil is to be produced from an Exploitation Areaa --------------------------------- Field, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oilCrude Oil, negotiate and conclude the terms of an agreement to cover the offtake of crude oil Crude Oil produced under the Contract. The State may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the ContractContract and, in particular, the interest of the Carried Party under the Assignment, make provision for:

Appears in 2 contracts

Samples: Joint Operating Agreement (Triton Energy LTD), Joint Operating Agreement (Triton Energy LTD)

Offtake Agreement for Crude Oil. If crude oil is to be produced from an Exploitation Area, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oil, negotiate and conclude the terms of an agreement to cover the offtake of crude oil produced under the Contract. The State Government Oil Company may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the Contract, make provision for:

Appears in 1 contract

Samples: Operating Agreement (Seven Seas Petroleum Inc)

Offtake Agreement for Crude Oil. If crude oil Crude Oil is to be produced from an Exploitation AreaArea as part of an Exclusive Operation in which the Service Provider is a Non-Consenting Party, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oilCrude Oil, negotiate and conclude the terms of an agreement to cover the offtake of crude oil Crude Oil produced under the ContractLease. The State Government may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the ContractLease and this Agreement, make provision for:

Appears in 1 contract

Samples: Asset Purchase Agreement (AsherXino Corp)

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Offtake Agreement for Crude Oil. If crude oil is to be produced from an Exploitation Area, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oil, negotiate and conclude the terms of an agreement to cover the offtake of crude oil produced under the Contract. The State Government Oil Company may, if necessary and xxx practicable, also be party to the offtake agreement. This offtake agreement shall, to the extent consistent with the Contract, make provision for:

Appears in 1 contract

Samples: Agreement (Abacan Resource Corp)

Offtake Agreement for Crude Oil. If crude oil Crude Oil is to be produced from an Exploitation Area, the Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oilCrude Oil, negotiate and conclude the terms of an agreement to cover cover, the offtake of crude oil Crude Oil produced under the ContractJoint Venture Agreement, which agreement shall also provide for the sale of the Tax Oil by the Operator. The State Government may, if necessary and practicable, also be party to the offtake agreement. This offtake agreement shall, shall to the extent possible be consistent with the ContractJoint Venture Agreement, and make provision for:

Appears in 1 contract

Samples: Joint Operating Agreement (Abacan Resource Corp)

Offtake Agreement for Crude Oil. If crude oil is to be produced from an Exploitation Area, the 8.2 The Parties shall in good faith, and not less than three (3) months prior to first delivery of crude oilCrude Oil from the Production Area, negotiate and conclude the terms of an agreement to cover the offtake of crude oil produced the Contractor's allocation of Crude Oil under the Petroleum Contract. The State may, if necessary and practicable, also be party to terms of the offtake agreement. This offtake agreement shall, to the extent will be consistent with the provisions of the Petroleum Contract, and shall make provision for:

Appears in 1 contract

Samples: Farmout Agreement (Ivanhoe Energy Inc)

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