PROFIT OIL SHARING. 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.
Appears in 7 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
PROFIT OIL SHARING. 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.
Appears in 2 contracts
Samples: Transfer of Rights Surplus Production Sharing Agreement, Transfer of Rights Surplus Production Sharing Agreement
