exploration area definition

exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

exploration area means the area of land, including its lateral limits, to which an exploration license relates;

exploration area means the area comprising the block or blocks depicted in an exploration or production right;

More Definitions of exploration area

exploration area means, for bonding purposes, one or more drill sites, comprising an integrated project conducted by a discoverer within one of the three districts presently established by the Land Quality Division of the Department of Environmental Quality.

exploration area means the area consisting of the block or blocks to which an exploration licence relates;

exploration area means an area constituted by a block or blocks that are, or can be, subject to a petroleum exploration licence;

exploration area means an area as defined in section 1 of the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002), as amended;

exploration area means an area of land subject to an exploration licence;

exploration area means the area comprising the block or blocks depicted in an

exploration area means the surface area within the Contract Area which has not been relinquished before the expiration of the exploration period hereof and in which Development Operations and Production Operations have not begun.