MODEL LEASE AGREEMENTModel Lease Agreement • December 6th, 2017
Contract Type FiledDecember 6th, 2017WHEREAS the exploration, discovery and production of Hydrocarbons is of importance to the economic development of Greece and the Lessor desires that the requisite operations should be carried out in accordance with Law 2289/1995 (Government Gazette A΄ 27/08.02.1995), titled "prospecting, exploration and exploitation of hydrocarbons and other provisions” and with Presidential Decree No.127/96 (Government Gazette A’ 92/29.5.1996), titled “Lease terms of the right for exploration and exploitation of hydrocarbons”, as well as any other relevant legislation.