Joint Development Authority Model Production Sharing Contract Of 2004 (Extract)Production Sharing Contract • March 30th, 2004
Contract Type FiledMarch 30th, 2004This Contract is a Production Sharing Contract, governed in accordance with the terms and provisions hereof. Petroleum Operations and provision of financial and technical requirements by the CONTRACTOR under this Contract shall be with the prior approval of or in prior consultation with the JDA as required under this Contract. The JDA, as holder of all rights in and to the Contract Area, hereby appoints and constitutes the CONTRACTOR, the exclusive company(ies) to conduct Petroleum Operations in the Contract Area.