Exploration Work definition

Exploration Work has the meaning set out in Article 4.1.

Exploration Work means any work carried out in connection with exploration for petroleum;

Exploration Work. , in relation to any area, means work carried out for the purpose of searching for oil anywhere in that area;

Examples of Exploration Work in a sentence

• Provided the Minister approves the Exploration Work Programme and budget submitted with the aforementioned notice, Contractor shall have the right to conduct Petroleum Operations in the retained Exploration area for the approved period.

• The Contractor shall not be released of its work and financial obligations under this Agreement if it fails to carry out the Minimum Exploration Work Programme to the Minister’s satisfaction.

• The Operating Committee shall coordinate, supervise and control the execution of the Approved Exploration Work Plans and Budgets, as well as verify if the same is carried out within budget expenditure limits, or any revisions which have been made thereto.

• The Exploration Work Plan and Budget shall be submitted to the Operating Committee for review, advice or approval as the case may be, in accordance with Article 30, and carried out by Contractor after approval by the Ministry of Petroleum under Article 58 of the Petroleum Activities Law.

• Within one (1) Month of the Effective Date and thereafter at least three (3) Months prior to the beginning of each Contract Year during the Exploration Period or at such other times as may mutually be agreed to by Sonangol and Contractor, Contractor shall prepare in reasonable detail an Exploration Work Plan and Budget for the Contract Area setting forth the Exploration operations which Contractor proposes to carry out during the first Contract Year and during the ensuing Contract Year respectively.

More Definitions of Exploration Work

Exploration Work means the all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of minerals on the Property.

Exploration Work means any prospecting or exploration work carried out with respect to minerals located on or in the Property, including ground and airborne geophysical and radiometric work, geochemical surveys, diamond and percussion drilling, bulldozing, trenching, evaluation of work done and all other work commonly regarded as prospecting or exploration work in accordance with good Canadian mining practice including evaluation studies;

Exploration Work means work activities associated with an approved exploration work programme;

Exploration Work means all activities directed toward ascertaining the existence, location, quantity, quality, or commercial value of deposits of uranium, including any prefeasibility and/or feasibility studies and drilling required after discovery of potentially commercial mineralization, and all related environmental compliance.

Exploration Work means all prospecting, surveying, geological, geophysical and geochemical surveys, drilling, trenching, underground development for exploration purposes, sampling, assaying, the acquisition of any property or property right that becomes part of the Property and all other work commonly regarded by normal mining industry standards as exploration work.

Exploration Work has the meaning given in section 1.01 of the Exploration Agreement.

Exploration Work means any work carried out in connection with exploration for petroleum ;