Common use of PROFIT OIL SHARING Clause in Contracts

PROFIT OIL SHARING. 9.1. The Contracting Party and the Contractor shall share, on a monthly basis, the volume of Oil and Gas corresponding to the Profit Oil produced in the Contract Area.

PROFIT OIL SHARING. 9.1. The Contracting Party and the Contractor Contracted Party shall share, on a monthly basis, the volume of Oil and Gas corresponding to the Profit Oil produced in the Contract Area.