Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Consortium Members shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. While such instructions are not submitted to the Consortium Members, they shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Consortium Members shall not be required to suspend their activities, except when they pose a risk to the natural resources discovered or the Operations.
Appears in 8 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Other Natural Resources. The Consortium Members are prohibited to may not use, enjoy, enjoy or dispose, dispose in any way and at or for any titlepurpose, totally total or partially, of any other natural resources that may exist in the Contract Area other than that are not Oil and Natural Gas, except when duly authorized by the competent authoritiesauthorized, according to in accordance with the Applicable Laws and RegulationsLaw. The possible Discovery of natural resources other than Oil and or Natural Gas by chance shall be notified to ANP within no more than a maximum deadline of seventy-two (72) hours. The Consortium Members shall follow must comply with the instructions and allow the implementation of the relevant measures determined by ANP or other competent authorities. While Until such instructions are not submitted to it, the Consortium Members, they shall Members must refrain from taking any measures action that may pose a involve risk or somehow damage in any way harm to the natural resources discovered. The Consortium Members shall will not be required obliged to suspend their activities, except when in cases where they pose a put at risk to the natural resources discovered or the Operations.
Appears in 2 contracts
Samples: Production Sharing Contract, Production Sharing Contract
Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or disposebenefit, in any way and at any title, totally or partially, of from any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Consortium Members shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. While such instructions are not submitted to the Consortium Members, they shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Consortium Members shall not be required to suspend their activities, except when they pose a risk to jeopardize the natural resources discovered or the Operations.
Appears in 2 contracts
Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement
Other Natural Resources. The Consortium Members are is prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Consortium Members shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. While Until such instructions are not submitted to the Consortium consortium Members, they it shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Consortium Members shall not be required to suspend their its activities, except when they pose a risk to the natural resources discovered or the Operations.
Appears in 1 contract
Samples: Production Sharing Agreement
Other Natural Resources. The Consortium Members are prohibited to use, enjoy, or dispose, in any way and at any title, totally or partially, of any other natural resources that may exist in the Contract Area other than Oil and Gas, except when duly authorized by the competent authorities, according to the Applicable Laws and Regulations. Discovery of natural resources other than Oil and Gas by chance shall be notified to ANP within no more than seventy-two (72) hours. The Consortium Members shall follow the instructions and allow implementation of the relevant measures determined by ANP or other competent authorities. While such instructions are not submitted to the Consortium Members, they shall refrain from taking any measures that may pose a risk or somehow damage the natural resources discovered. The Consortium Members shall not be required to suspend their activities, except when they pose a risk to the natural resources discovered or the Operations. The Operations shall be conducted exclusively in the Contract Area, described and delimited in Annex I. The Joint Operations shall be executed in the Shared Deposit Area.
Appears in 1 contract
Samples: Production Sharing Agreement