Segregation of Costs. Costs shall be segregated in accordance with the purposes for which such expenditures are made. All costs and expenditures allowable under Section 3, relating to Petroleum Operations, shall be classified, defined and allocated as set out below in this Section.
Appears in 10 contracts
Samples: Production Sharing Contract (Geoglobal Resources Inc.), Production Sharing Contract (Geoglobal Resources Inc.), Production Sharing Contract (Geoglobal Resources Inc)
Segregation of Costs. Costs shall be segregated in accordance with the purposes for which such expenditures are made. All costs and expenditures allowable under Section 3, relating to Petroleum OperationsOperations allowable for cost recovery under Article 15 read with section 3, shall be classified, defined and allocated as set out below in this Section.
Appears in 4 contracts
Samples: Production Sharing Contract, Production Sharing Contract, Model Production Sharing Contract
Segregation of Costs. Costs shall be segregated in accordance with the purposes for which such expenditures are made. All costs and expenditures allowable under Section 3, relating 3 hereof relation to Petroleum Operations, shall be classified, defined and allocated as set out below in this Section.
Appears in 3 contracts
Samples: Offshore Model Production Sharing Contract, Production Sharing Contract, Production Sharing Contract
Segregation of Costs. Costs shall be segregated in accordance with the purposes for which such expenditures are made. All costs and expenditures allowable under Section 3, 3 relating to Petroleum Operations, operations shall be classified, defined and allocated as set out below in this Section.
Appears in 1 contract
Samples: Production Sharing Contract (Geoglobal Resources Inc.)
