Common use of VALUE OF PRODUCTION AND PRICING STATEMENT Clause in Contracts

VALUE OF PRODUCTION AND PRICING STATEMENT. 12.1 The Company shall, for purposes of clause 15 of the Agreement, prepare a statement providing calculations of the value of each quality of Namibian Crude Oil Produced and Saved from the Licence Area during each Quarter which shall contain the following information:

Appears in 6 contracts

Samples: Petroleum Agreement (Elephant Oil Corp.), Petroleum Agreement, Petroleum Agreement

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VALUE OF PRODUCTION AND PRICING STATEMENT. 12.1 The Company shall, for purposes of clause 15 of the Agreement, prepare a statement providing calculations of the value of each quality of Namibian Crude Oil Produced and Saved from the Licence Area during each Quarter which shall contain the following fo llowing information:

Appears in 1 contract

Samples: Model Petroleum Agreement

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