Work Programme in Development Period. The first Work Programme for each Development Period shall be submitted along with the respective Development Plan and shall include the Petroleum Operations to be conducted during the remaining portion of the Calendar Year. The Contractor shall submit the Work Programme for each subsequent Year, or its update, no later than September 30 of the immediately preceding Year. All Work Programmes submitted in the Development Period shall contain a monthly production estimate for the applicable Year, as well as a forecast of the total production of the Commercial Discovery throughout the full term of the Agreement.
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Work Programme in Development Period. The first Work Programme for each Development Period shall be submitted along with the respective Development Plan and shall include the Petroleum Operations to be conducted during the remaining portion of the Calendar first Contract Year. The Contractor shall submit the Work Programme for each subsequent Contract Year, or its update, no later than September 30 update within 60 calendar days of the immediately preceding Yearanniversary of the Effective Date of the Production Licence pursuant to Section 21(2) of the Act. All Work Programmes submitted in the Development Period shall contain a monthly production estimate for the applicable Contract Year, as well as a forecast of the total production of the Commercial Discovery throughout the full term of the Agreement.
Appears in 1 contract
Samples: Model Production Sharing Agreement
Work Programme in Development Period. The first Work Programme for each Development Period shall be submitted along with the respective Development Plan and shall include the Petroleum Operations to be conducted during the remaining portion of the Calendar first Contract Year. The Contractor shall submit the Work Programme for each subsequent Contract Year, or its update, no later than September 30 update within 60 days of the immediately preceding Yearanniversary of the Effective Date of the Production Licence pursuant to Section 21(2) of the Act. All Work Programmes submitted in the Development Period shall contain a monthly production estimate for the applicable Contract Year, as well as a forecast of the total production of the Commercial Discovery throughout the full term of the Agreement.
Appears in 1 contract
Samples: Production Sharing Agreement
Work Programme in Development Period. The first Work Programme for each Development Period shall be submitted along with the respective Development Plan and shall include the Petroleum Operations to be conducted during the remaining portion of the Calendar first Contract Year. The Contractor shall submit the Work Programme for each subsequent Year, or its update, no later than September 30 within sixty (60) calendar days of the immediately preceding Yearanniversary of the Effective Date of the Production Licence pursuant to Section 21(2) of the Act. All Work Programmes submitted in the Development Period shall contain a monthly production estimate for the applicable Contract Year, as well as a forecast of the total production of the Commercial Discovery throughout the full term of the Agreement.
Appears in 1 contract
Samples: oilnow.gy
Work Programme in Development Period. The first Work Programme for each Development Period shall be submitted along with the respective Development Plan and shall include the Petroleum Operations to be conducted during the remaining portion of the Calendar first Contract Year. The Contractor shall submit the Work Programme for each subsequent Year, or its update, no later than September 30 within sixty (60) days of the immediately preceding Yearanniversary of the Effective Date of the Exploration Licence pursuant to Section 21(2) of the Act. All Work Programmes submitted in the Development Period shall contain a monthly production estimate for the applicable Contract Year, as well as a forecast of the total production of the Commercial Discovery throughout the full term of the Agreement.
Appears in 1 contract
Samples: Sharing Agreement