Common use of RECORDS, REPORTS AND INSPECTION Clause in Contracts

RECORDS, REPORTS AND INSPECTION. (a) CONTRACTOR and/or Operating Company shall prepare and, at all times while this Agreement is in force, maintain accurate and current records of its operations in the Area. CONTRACTOR and/or Operating Company shall furnish the GOVERNMENT or its representative, in conformity with applicable regulations or as the GOVERNMENT or its representative, in accordance with sound and accepted Petroleum industry practices, may require information and data concerning its operations under this Agreement. Operating Company will perform the functions indicated in this Article XIV in accordance with its role as specified in Article VI.

Appears in 3 contracts

Samples: Concession Agreement, Concession Agreement, Concession Agreement

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RECORDS, REPORTS AND INSPECTION. (a) CONTRACTOR and/or Operating Company shall prepare and, at all times while this Agreement is in force, maintain accurate and current records of its operations in the Area. CONTRACTOR and/or Operating Company shall furnish the GOVERNMENT or its representative, in conformity with applicable regulations or as the GOVERNMENT or its representative, in accordance with sound and accepted Petroleum industry practices, representative may reasonably require information and data concerning its operations under this Agreement. Operating Company will perform the functions indicated in this Article XIV in accordance with its role as specified in Article VI.

Appears in 3 contracts

Samples: Concession Agreement (Mogul Energy International, Inc.), Concession Agreement, Concession Agreement (Dover Petroleum Inc)

RECORDS, REPORTS AND INSPECTION. (a) CONTRACTOR and/or Operating Company shall prepare and, at all times while this Agreement is in force, maintain accurate and current records of its operations in the Area. CONTRACTOR and/or Operating Company shall furnish the GOVERNMENT or its representative, in conformity with applicable regulations or as the GOVERNMENT or its representative, in accordance with sound and accepted Petroleum industry practices, representative may reasonably require information and data concerning its operations under this Agreement. Operating Company will perform the functions indicated in this Article XIV in accordance with its respective role as specified in Article VI.

Appears in 2 contracts

Samples: Concession Agreement (Transatlantic Petroleum Corp), Concession Agreement (Transatlantic Petroleum Corp)

RECORDS, REPORTS AND INSPECTION. (a) CONTRACTOR and/or Operating Company shall prepare and, at all times while this Agreement is in force, maintain accurate and current records of its operations in the Area. CONTRACTOR and/or Operating Company shall furnish the GOVERNMENT or its representative, in conformity with applicable regulations or as the GOVERNMENT or its representativerepresentative may, in accordance with sound and accepted Petroleum industry practices, may require information and data concerning its operations under this Agreement. Operating Company will perform the functions indicated in this Article XIV XIII in accordance with its role as specified in Article VI.V.

Appears in 1 contract

Samples: Concession Agreement (Transglobe Energy Corp)

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RECORDS, REPORTS AND INSPECTION. (a) CONTRACTOR and/or Operating Company shall prepare and, at all times while this Agreement is in force, maintain accurate and current records of its operations in the Area. CONTRACTOR and/or Operating Company shall furnish the GOVERNMENT or its representativerepresentative on annual basis, in conformity with applicable regulations or as the GOVERNMENT or its representative, and in accordance with sound and accepted Petroleum industry practicespractices a detailed report of all data , may require technical information and data interpretations collected during the year, concerning its operations under this Agreement. Operating Company will perform the functions indicated in this Article XIV in accordance with its role as specified in Article VI.

Appears in 1 contract

Samples: Concession Agreement

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