UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Areais situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct Petroleum Operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, 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, require that the Contractor collaborates and agrees with such other parties on the joint development of the Reservoir,and notify the Government in writing of its intent of such joint development within one hundred (100) days of the receipt of the information by the Government as provided above.
Appears in 4 contracts
Samples: Model Revenue, Model Revenue, Model Revenue
