Common use of Production Sharing Clause in Contracts

Production Sharing. (1) The remaining ----- ------- percent (---%) of Petroleum shall be divided between EGPC and CONTRACTOR based on Xxxxx xxxxx and according to the following shares: Such shares shall be taken and disposed of pursuant to Article VII (e)

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

AutoNDA by SimpleDocs

Production Sharing. (1) The remaining ----- ------- percent (---%) of Petroleum shall be divided between EGPC and CONTRACTOR based on Xxxxx xxxxx and according to the following shares: Such shares shall be taken and disposed of pursuant to Article VII (e)) .

Appears in 2 contracts

Samples: Concession Agreement, Concession Agreement

Production Sharing. (1) The 1)The remaining ----- ------- percent (---%---------------percent ( --------- %) of the Petroleum shall be divided between EGPC and the CONTRACTOR based on Xxxxx xxxxx and according to the following shares: Such shares shall be taken and disposed of pursuant to Article VII (e)):

Appears in 1 contract

Samples: Concession Agreement

Production Sharing. (1) The remaining ----- ------- sixty percent (---%60%) of the Petroleum shall be divided between EGPC and the CONTRACTOR based on Xxxxx xxxxx and according to the following shares: . Such shares shall be taken and disposed of pursuant to Article VII VI (e)):

Appears in 1 contract

Samples: Concession Agreement (Transglobe Energy Corp)

AutoNDA by SimpleDocs

Production Sharing. (1) . The remaining ----- ------- seventy percent (---%70%) of the Petroleum shall be divided between EGPC and CONTRACTOR based on Xxxxx xxxxx and according to the following shares: Such shares shall be taken and disposed of pursuant to Article VII (e)):

Appears in 1 contract

Samples: Concession Agreement (Transatlantic Petroleum Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!