Examples of Exploration Plan in a sentence
The Exploration Plan shall contemplate all exploration activities to be developed in the Contract Area during its effectiveness and shall mandatorily consider the Minimum Exploration Program and compliance with the Local Content.
The general instructions for the Exploration Plan define the objective and the content and set the procedures for its submission to the National Agency of Petroleum, Natural Gas and Biofuels – ANP.
The investments necessary for execution of the Exploration Plan shall be included in the columns related to the Exploration Plan budget.
In case the Consortium Members are interested in developing exploration activities additional to the Minimum Exploration Program, they shall submit a revised Exploration Plan to ANP upon at least one hundred-twenty (120)-day notice from the beginning of such activities.
Development of the activities of the Minimum Exploration Program may start before approval of the Exploration Plan, as long as ANP is previously notified.