RECOVERY OF COST PETROLEUM. 15.1 The Contractor shall be entitled to recover Contract Costs out of a percentage of the total value of Petroleum Produced and Saved from the Contract Area in the Year in accordance with the provisions of this Article.
Appears in 21 contracts
Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Contract
RECOVERY OF COST PETROLEUM. 15.1 The Contractor shall be entitled to recover Contract Costs out of a percentage of the total value of Petroleum Produced and Saved from the Contract Area in the Year in accordance with the provisions of this Article.
Appears in 2 contracts
Samples: Production Sharing Contract, Production Sharing Contract
RECOVERY OF COST PETROLEUM. 15.1 The Contractor shall be entitled to recover Contract Costs out of a percentage of the total value of Petroleum Produced produced and Saved saved from the Contract Area in the Year in accordance with the provisions of this Article.
Appears in 1 contract
Samples: Production Sharing Contract