Common use of PRODUCTION STATEMENT Clause in Contracts

PRODUCTION STATEMENT. 11.1 The Company shall, not later than seven days after the end of the first Calendar Month during which Petroleum is produced from the Licence Area, and thereafter not later than seven days after the end of every succeeding Calendar Month, prepare and submit to the Minister a production statement containing the following particulars in each respect of each Production Area in the Licence Area and for the Licence Area:

Appears in 6 contracts

Samples: Petroleum Agreement (Elephant Oil Corp.), Petroleum Agreement, Petroleum Agreement

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PRODUCTION STATEMENT. 11.1 The Company shall, not later than seven days after the end of the first Calendar Month during which Petroleum is produced from the Licence Area, and thereafter not later than seven days after the end of every succeeding Calendar Month, prepare and submit to t o the Minister a production statement containing the following particulars in each respect of each Production Area in the Licence Area and for the Licence Area:

Appears in 1 contract

Samples: Model Petroleum Agreement

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