Common Contracts
2 similar Production Sharing Agreement contracts by Elephant Oil Corp.
PRODUCTION SHARING AGREEMENT FOR OIL EXPLORATION AND EXPLOITATIONProduction Sharing Agreement • October 13th, 2022 • Elephant Oil Corp. • Crude petroleum & natural gas
In accordance with Law No. 2006-18 of 17 October 2006 constituting the Oil Code of the Republic of Benin, the exploration, research, exploitation, holding, transport, transit and trade of Hydrocarbons on the territory and in the territorial waters of the Republic of Benin and the continental shelf adjacent thereto shall be subject to the provisions of the aforesaid law, which furthermore stipulates that deposits of liquid and gaseous Hydrocarbons belong to the State and constitute transferable minerals.
PRODUCTION SHARING AGREEMENT FOR OIL EXPLORATION AND EXPLOITATIONProduction Sharing Agreement • August 12th, 2022 • Elephant Oil Corp. • Crude petroleum & natural gas
In accordance with Law No. 2006-18 of 17 October 2006 constituting the Oil Code of the Republic of Benin, the exploration, research, exploitation, holding, transport, transit and trade of Hydrocarbons on the territory and in the territorial waters of the Republic of Benin and the continental shelf adjacent thereto shall be subject to the provisions of the aforesaid law, which furthermore stipulates that deposits of liquid and gaseous Hydrocarbons belong to the State and constitute transferable minerals.
