Common use of Pre-Effective Date Petroleum Operations Clause in Contracts

Pre-Effective Date Petroleum Operations. Notwithstanding the provision of Sub-article 37.2, Contractor may, with the prior approval of Staatsolie, conduct Petroleum Operations between the signing date of this Contract and the Effective Date and expenditures related to such Petroleum Operations shall be cost recoverable. Notwithstanding the provisions of Sub-article 37.2, all Petroleum Operations undertaken by Contractor pursuant to this Sub-article shall be governed by the terms and conditions of this Contract.

Pre-Effective Date Petroleum Operations. Notwithstanding the provision of Sub-article 37.2Article 38.2, Contractor may, with the prior approval of Staatsolie, conduct Petroleum Operations between the signing date of this Contract and the Effective Date and such expenditures related to such Petroleum Operations shall be cost recoverable. Notwithstanding the provisions of Sub-article 37.2Article 38.2, all Petroleum Operations undertaken by Contractor pursuant to this Sub-article Article shall be governed by the terms and conditions of this Contract.