Common Contracts
1 similar Exclusive Geophysical Agreement contracts
EXCLUSIVE GEOPHYSICAL AGREEMENT TRACT 37188 - Iberville and Ascension Parishes, LouisianaExclusive Geophysical Agreement • January 13th, 2005
The Exclusive Geophysical Agreement is a Type #3, and carries a maximum Initial Term of eighteen (18) months, with an Option Term, if exercised by additional payment as specified in the agreement, of six (6) months. The Exclusive Geophysical Agreement #3, shall be effective from February 9, 2005 for a period terminating August 9, 2006 unless the option period is activated by payment of the option payment amount set forth in the agreement, in which case the termination date shall be February 9, 2007, and which agreement authorizes the successful bidder to conduct at least 3-D geophysical operations on all state-owned water bottoms situated in Iberville and Ascension Parishes, which area is identified for convenience as Tract No. 37188 and is more particularly described hereinafter, as follows: Beginning at a point having Coordinates of X = 2,044,804.04 and Y
