Common use of Ownership of Petroleum Clause in Contracts

Ownership of Petroleum. 13.1.1 In accordance with the Mining Decree, the Petroleum Law of 1990 and Article 5 of Decree E-8B, Petroleum produced and saved and not used in Petroleum Operations or re-injected shall belong to Staatsolie.

Appears in 3 contracts

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

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Ownership of Petroleum. 13.1.1 14.1.1 In accordance with the Mining Decree, the Petroleum Law of 1990 and Article 5 of Decree E-8B, Petroleum produced and saved and not used in Petroleum Operations or re-re- injected shall belong to StaatsolieStaatsolie up to the Delivery Point.

Appears in 1 contract

Samples: Sharing Contract

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