Common use of Work Programmes and Budgets for Development and Production Clause in Contracts

Work Programmes and Budgets for Development and Production. Operations shall be submitted to the Management Committee as soon as possible after the approval of a Development Plan under Article 10.8 and thereafter not later than 31st December each Year in respect of the Year immediately following.

Work Programmes and Budgets for Development and Production. Operations shall be submitted to the Management Committee as soon as possible after the approval designation of a Development Plan under Article 10.8 Area and thereafter not later than 31st December each Calendar Year in respect of the Calendar Year immediately following.