Common use of TIMELY OPERATIONS Clause in Contracts

TIMELY OPERATIONS. Except as provided below, drilling operations on a Development Well shall be commenced within one hundred twenty (120) days after the end of the period for the approval of the Development Well. If the Operator, except for an occurrence of Force Majeure, does not commence drilling operations on the Development Well within that one hundred twenty (120) day period, the approved Development Well proposal shall be deemed withdrawn, with the effect as if the Development Well had never been proposed and approved. If a Party submits an identical Development Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty (60) days after the deemed withdrawal of the approved original Development Well proposal and if that identical Development Well proposal is approved and if the Operator is a Participating Party in the identical Development Well proposal, the Operator shall commence drilling operations on that well within ninety (90) days after the end of the response period for that proposal. If the Operator, except for an occurrence of Force Majeure (excluding the inability to secure materials or a drilling rig), fails to commence drilling operations on the identical Development Well within that ninety (90) day period, the approved identical Development Well proposal shall be deemed withdrawn, with the effect as if the identical Development Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.2 (Substitute Operator if Operator Fails to Commence Drilling Operations). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If a Party submits an identical Development Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty (60) days after the deemed withdrawal of the approved original Development Well proposal and if that identical Development Well proposal is approved and if the Operator is not a Participating Party in the identical Development Well proposal, the approved identical Development Well proposal shall be deemed withdrawn, with the effect as if the identical Development Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If an approved original or identical Development Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Well, will be chargeable to the Participating Parties. Drilling operations for a Development Well under this Article 13.1.3 shall be deemed to have commenced on the date the rig arrives on location or, if the rig is already on location, the date when actual drilling operations for the approved Development Well are undertaken.

TIMELY OPERATIONS. Except as provided below, drilling operations on a Development an Appraisal Well shall be commenced within one hundred twenty eighty (120180) days after the end of the period for the approval of the Development Appraisal Well. If the Operator, except for an occurrence of Force Majeure, does not commence drilling operations on the Development Appraisal Well within that one hundred twenty eighty (120180) day period, the approved Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the Development Appraisal Well had never been proposed and approved. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty ninety (6090) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is a Participating Party in the identical Development Appraisal Well proposal, the Operator shall commence drilling operations on that well within ninety (90) days after the end of the response period for that proposal. If the Operator, except for an occurrence of Force Majeure (excluding the inability to secure materials or a drilling rig), fails to commence drilling operations on the identical Development Appraisal Well within that ninety (90) day period, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.2 (Substitute Operator if Operator Fails to Commence Drilling Operations). Within sixty (60) days of the selection of the substitute 57 Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty ninety (6090) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is not a Participating Party in the identical Development Appraisal Well proposal, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If an approved original or identical Development Appraisal Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Appraisal Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Appraisal Well under this Article 13.1.3 11.1.3 shall be deemed to have commenced on the date the rig arrives on location or, if the rig is already on location, the date when actual drilling operations for the approved Development Appraisal Well are undertaken.

TIMELY OPERATIONS. Except as provided below, drilling operations on a Development an Appraisal Well shall be commenced within one hundred twenty ___________ (120___) days after the end of the period for the approval of the Development Appraisal Well. If the Operator, except for an occurrence of Force Majeure, does not commence drilling operations on the Development Appraisal Well within that one hundred twenty __________ (120___) day period, the approved Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the Development Appraisal Well had never been proposed and approved. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty _______ (60__) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is a Participating Party in the identical Development Appraisal Well proposal, the Operator shall commence drilling operations on that well within ninety _________ (90__) days after the end of the response period for that proposal. If the Operator, except for an occurrence of Force Majeure (excluding the inability to secure materials or a drilling rig), fails to commence drilling operations on the identical Development Appraisal Well within that ninety ______ (90__) day period, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.2 (Substitute Operator if Operator Fails to Commence Drilling Operations). Within sixty _________ (60__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety _________ (90___) days after the end of the period for the approval of that Well. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty _______ (60__) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is not a Participating Party in the identical Development Appraisal Well proposal, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within sixty _________ (60__) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety _________ (90___) days after the end of the period for the approval of that Well. If an approved original or identical Development Appraisal Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Appraisal Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Appraisal Well under this Article 13.1.3 11.1.4 shall be deemed to have commenced on the date the drilling rig arrives on location or, if the drilling rig is already on location, the date when actual drilling operations for the approved Development Appraisal Well are undertaken.. AFE Overruns and Substitute Well Once an Appraisal Well is commenced, the Operator shall drill the well with due diligence to its Objective Depth, subject to:

TIMELY OPERATIONS. Except as provided below, drilling operations on a Development an Exploratory Well shall be commenced within one hundred twenty eighty (120180) days after the end of the period for the approval of the Development Exploratory Well. If the Operator, except for an occurrence of Force Majeure, does not commence drilling operations on the Development Exploratory Well within that one hundred twenty eighty (120180) day period, the approved Development Exploratory Well proposal shall be deemed withdrawn, with the effect as if the Development Exploratory Well had never been proposed and approved. If a Party submits an identical Development Exploratory Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty ninety (6090) days after the deemed withdrawal of the approved original Development Exploratory Well proposal and if that identical Development Exploratory Well proposal is approved and if the Operator is a Participating Party in the identical Development Exploratory Well proposal, the Operator shall commence drilling operations on that well within ninety (90) days after the end of the response period for that proposal. If the Operator, except for an occurrence of Force Majeure (excluding the inability to secure materials or a drilling rig), fails to commence drilling operations on the identical Development Exploratory Well within that ninety (90) day period, the approved identical Development Exploratory Well proposal shall be deemed withdrawn, with the effect as if the identical Development Exploratory Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.2 (Substitute Operator if Operator Fails to Commence Drilling Operations). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Exploratory Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety one hundred eighty (90180) days after the end of the period for the approval of that Well. If a Party submits an identical Development Exploratory Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty ninety (6090) days after the deemed withdrawal of the approved original Development Exploratory Well proposal and if that identical Development Exploratory Well proposal is approved and if the Operator is not a Participating Party in the identical Development Exploratory Well proposal, the approved identical Development Exploratory Well proposal shall be deemed withdrawn, with the effect as if the identical Development Exploratory Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Exploratory Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If an approved original or identical Development Exploratory Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Exploratory Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Exploratory Well under this Article 13.1.3 10.1.3 shall be deemed to have commenced on the date the rig arrives on location or, if the rig is already on location, the date when actual drilling operations for the approved Development Exploratory Well are undertaken.

TIMELY OPERATIONS. Except as provided below, drilling operations on a Development an Appraisal Well shall be commenced within one hundred twenty eighty (120180) days after the end of the period for the approval of the Development Appraisal Well. If the Operator, except for an occurrence of Force Majeure, does not commence drilling operations on the Development Appraisal Well within that one hundred twenty eighty (120180) day period, the approved Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the Development Appraisal Well had never been proposed and approved. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty ninety (6090) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is a Participating Party in the identical Development Appraisal Well proposal, the Operator shall commence drilling operations on that well within ninety (90) days after the end of the response period for that proposal. If the Operator, except for an occurrence of Force Majeure (excluding the inability to secure materials or a drilling rig), fails to commence drilling operations on the identical Development Appraisal Well within that ninety (90) day period, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.2 (Substitute Operator if Operator Fails to Commence Drilling Operations). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If a Party submits an identical Development Appraisal Well proposal (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the Operator) within sixty ninety (6090) days after the deemed withdrawal of the approved original Development Appraisal Well proposal and if that identical Development Appraisal Well proposal is approved and if the Operator is not a Participating Party in the identical Development Appraisal Well proposal, the approved identical Development Appraisal Well proposal shall be deemed withdrawn, with the effect as if the identical Development Appraisal Well proposal had never been proposed and approved, and the Non-Operating Parties may then select a substitute Operator under Article 4.2.1 (Substitute Operator if Operator is a Non-Participating Party). Within sixty (60) days of the selection of the substitute Operator, the substitute Operator shall propose the drilling of an identical Development Appraisal Well (except for any necessary modifications resulting from a change in the drilling rig to be utilized by the substitute Operator), and it shall commence drilling operations on that well within ninety (90) days after the end of the period for the approval of that Well. If an approved original or identical Development Appraisal Well proposal is deemed withdrawn due to a failure to timely commence drilling operations on that well, all Costs incurred, which are attributable to the preparation for, or in furtherance of, that Development Appraisal Well, will be chargeable to the Participating Parties. Drilling operations for a Development an Appraisal Well under this Article 13.1.3 11.1.3 shall be deemed to have commenced on the date the rig arrives on location or, if the rig is already on location, the date when actual drilling operations for the approved Development Appraisal Well are undertaken.