Common use of UNIT DEVELOPMENT Clause in Contracts

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which another entity (hereinafter referred as “Other Contractor”)has a contract to conduct Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 10 or on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, direct that the Contractor:

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which another entity (hereinafter referred as “Other Contractor”)has ―Other Contractor‖) has a contract to conduct Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 10 or on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, direct that the Contractor:

UNIT DEVELOPMENT. 12.1 9.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which another entity (hereinafter referred as “Other Contractor”)has Contractor”) has a contract to conduct Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 10 8 or on receiving information in writing from any party to these contracts Contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, direct that the Contractor:

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which another entity (hereinafter referred as “Other Contractor”)has Contractor”) has a contract Contract to conduct Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 10 or on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, direct that the Contractor: