Common use of Start of Production Clause in Contracts

Start of Production. The Field Production shall start within no more than five (5) years of the date of submission of the Declaration of Commercial Feasibility, extendable at ANP’s discretion.

Appears in 5 contracts

Samples: Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas, Concession Agreement for Exploration and Production of Oil and Gas

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Start of Production. The Start Date of the Field Production shall start occur within no more than five (5) years years, extendable at ANP’s discretion, of the date of submission of the Declaration of Commercial Feasibility, extendable at ANP’s discretion.

Appears in 1 contract

Samples: Concession Agreement for Exploration and Production of Oil and Gas

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