Common use of Statement of Calculation of the Profit Oil Clause in Contracts

Statement of Calculation of the Profit Oil. As of the Production Start Date or during performance of the Extended Well Tests in the Assessment phase, the Contractor shall send to the Manager the Statement of Calculation of the Profit Oil, in the format and frequency determined by the Manager.

Appears in 18 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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Statement of Calculation of the Profit Oil. As of the Production Start Date or during performance of the Extended Well Long Duration Tests in the Assessment phase, the Contractor shall send to the Manager the Statement of Calculation of the Profit Oil, in the format and frequency determined by the Manager.

Appears in 4 contracts

Samples: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement

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