PRODUCTION LEVELS AND ANNUAL PRODUCTION PROGRAMME. (1) The Contractor shall produce Petroleum at the Maximum Efficient Rate in accordance with good international petroleum industry practice.
Appears in 11 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
PRODUCTION LEVELS AND ANNUAL PRODUCTION PROGRAMME. (1) The Contractor contractor shall produce Petroleum petroleum at the Maximum Efficient Rate maximum efficient rate in accordance with good international petroleum industry practice.
Appears in 1 contract
Samples: Participation Agreement