Common use of Production Period Clause in Contracts

Production Period. 11.1 The Contractor shall have an exclusive right to Production on the Contract Territory within 25 (twenty-five) consequential years (2009-2034). 11.2 Terms and conditions of the Production, including Work Program on the Production, are subject to additional execution, after approval of reserves in GKZ, as Additional Agreement to this Contract. 11.3 Contractor shall begin Production not later than 90 (ninety) days after conclusion of the Additional Agreement to the Contract and agreement on the program of the Production.

Appears in 2 contracts

Samples: Contract for Exploration and Production of Hydrocarbons, Contract for Exploration and Production of Hydrocarbons (China Energy Ventures Corp)

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Production Period. 11.1 The 11.1. Contractor shall have an exclusive right to Production on the Contract Territory within 25 (twenty-five) consequential years (2009-2034)sequential years. 11.2 11.2. Terms and conditions of the Production, including production Work Program on the Production, program are subject to additional execution, formalities/execution (after approval of reserves in GKZ, ) as Additional Agreement Supplement to this Contract. 11.3 . Contractor shall begin Production not later than 90 (ninety) days after conclusion of the Additional Agreement to the Contract and agreement on the program coordination of the ProductionProduction program.

Appears in 1 contract

Samples: Contract for Exploration and Production of Hydrocarbons (China Energy Ventures Corp)

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Production Period. 11.1 The 11.1. Contractor shall have an exclusive right to Production on the Contract Territory within 25 (twenty-five) consequential years (2009-2034)sequential years. 11.2 11.2. Terms and conditions of the Production, including production Work Program on the Production, program are subject to additional execution, execution (after approval of reserves in GKZ, ) as Additional Agreement Supplement to this Contract. 11.3 . Contractor shall begin Production not later than 90 (ninety) days after conclusion of the Additional Agreement to the Contract and agreement on the program coordination of the ProductionProduction program.

Appears in 1 contract

Samples: Contract for Exploration and Production of Hydrocarbons (China Energy Ventures Corp)

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