E&P Contract definition

E&P Contract means exploration and production contract.
E&P Contract means that certain Gas Gathering and Processing Agreement (Portions of Atascosa, Dimmit and La Salle Counties) dated February 18, 2014, entered into between Frio LP and EP Energy E&P Company, L.P., a Delaware limited partnership, as in effect on the Effective Date.
E&P Contract means an exploration and production contract used in Colombia established by the ANH, as more particularly described under the heading “Industry Conditions – E&P Contracts”;

Examples of E&P Contract in a sentence

  • All other terms of the contract are standard to the model E&P Contract.

  • Under the E&P Contract, the Corporation was required to increase the amount of its Standby Letters of Credit in relation to the Llanos-Block by an additional USD$3,250,000 (the “Additional Guarantee”) by June 2013.

  • A – Agreement for the Purchase and Sale of Crude Petroleum under the Chaza E&P Contract, Guayuyaco Association Contract and the Sxxxxxx Risk Participation Contract between Ecopetrol S.A. and Gran Tierra Energy Colombia, Ltd., effective December 1, 2012, expiring November 30, 2013.

  • Agreement for the Purchase and Sale of Crude Petroleum under the Jilguero and Mxxxxx xxxxx located under the Gxxxxxx E&P Contract between Petrobras Colombia Limited and Petrolifera Petroleum (Colombia) Limited, effective July 1, 2013, expiring December 31, 2013.

  • In May 2011, the Company signed a Hydrocarbon Exploration and Production Contract (E&P Contract) with the Agencia Nacional de Hydrocarburos of Colombia (ANH) for LLA-11 (Llanos Block).

  • Seller shall have the right to terminate this Agreement upon 5 (five) days’ notice to Buyer (or such shorter period as may be necessary in the circumstances) upon: (i) termination of the Upstream E&P Contract; or (ii) cancellation of any or all of the applicable petroleum mining leases or termination all of the applicable petroleum mining leases.

  • The exploration term of the VMM-17 E&P Contract was originally divided into two phases (Phase 1 and Phase 2) with a duration of 36 months each.

  • The VMM-17 E&P Contract is currently in the exploration phase, which has a six-year term beginning at the date of execution.

  • To Seller’s Knowledge, Seller is in compliance in all material respects with the E&P Contract, and there are no material Claims (including with respect to Environmental Laws) of which Seller has received notice or, threatened or pending against Seller alleging any failure to so comply.

  • In accordance with the VMM-17 E&P Contract, in its normal course of business, the Company is committed to carry out a minimum amount of exploration and evaluation work on its properties.


More Definitions of E&P Contract

E&P Contract means the Put-8 E&P Contract;
E&P Contract means a Contrato de Exploracion y Produccion de Hidrocarburos or any other concession, Authorization, production sharing, participation or similar arrangement with the AXX, EcoPetrol or other Governmental Authority in Colombia and in any other applicable jurisdiction where the Oil and Gas Assets are located, under which the contractor thereunder or the holder thereof has a right to certain Hydrocarbons within such jurisdictions or the right to explore or drill for, or develop, exploit, produce or market any such Hydrocarbons.
E&P Contract means an exploration and production contract used in Colombia established by the ANH;
E&P Contract means the LLA-5 E&P Contract.
E&P Contract means an exploration and production contract; "Hupecol" means Hupecol Operating Co. LLC;

Related to E&P Contract

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • Netting Agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Company Contract means any Contract: (a) to which the Company is a Party; (b) by which the Company or any Company IP or any other asset of the Company is or may become bound or under which the Company has, or may become subject to, any obligation; or (c) under which the Company has or may acquire any right or interest.

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contracting party or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Offtake Agreement means a life-of-mine offtake obligation committing us to sell to GIAG all Material, and committing GIAG to buy all Material.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • Smart contract means an event-driven program, with state, that runs on a distributed, decentralized, shared, and replicated ledger and which can take custody over and instruct transfer of assets on that ledger.