Cost Recovery Statement definition

Cost Recovery Statement has the meaning given in Clause 7 of Annex C;

Cost Recovery Statement has the meaning given in Clause 7 of Annex C; “Crude Oil Field” means:

Examples of Cost Recovery Statement in a sentence

• The Statement will contain information as provided in the Production Statement, Value of Production and Pricing Statement, Cost Recovery Statement and Statement of Expenditure and Receipts, but will be based on actual quantities of Petroleum produced and costs incurred.

• An Annual Cost Recovery Statement shall be submitted within ninety (90) days after the end of each Calendar Year.