Development and Production Period definition

Development and Production Period means the period granted to an Authorised Person for the development and production of Commercial Discoveries;
Development and Production Period means the period defined in Article 5.10.
Development and Production Period in respect of each Commercial Field, commences on the Date of Establishment of a Commercial Field and shall terminate at the expiration of this Contract.

Examples of Development and Production Period in a sentence

  • The Contractor is, subject to the provisions of the Agreement, authorised to conduct the Production within the Contract Area during the Development and Production Period.


More Definitions of Development and Production Period

Development and Production Period has the meaning set out in sub-clause 3.5;
Development and Production Period means, in relation to the Development and Production Area, the period specified in Article 3.
Development and Production Period means the period referred to in paragraph 3.4;
Development and Production Period means any and all periods of Development and Production of Petroleum under the EPCC.
Development and Production Period means the period set forth in Sections 2.1 and 2.4.
Development and Production Period shall have the meaning given to it in Article 4.5. "Development Programme" shall have the meaning given to it in Article 4.6.
Development and Production Period means the period granted to the Concessionaires for the conduct of Petroleum Operations under a Development Plan approved by the Government.