Examples of Exploration Works in a sentence
The Parties shall conduct all Exploration Works and the Development and Exploitation Works according to the rules relating to safety and the protection of the environment in conformity with Section 38 of the Law as well as Sections 32 and 33 of the Decree.
THE ASSOCIATE is committed to carry out Exploration Works in accordance with modern standards and practices commonly accepted and used by the international oil industry and in compliance with all legal and regulatory provisions in force.
As of contract initiation, THE ASSOCIATE shall prepare a general diagnosis of the environmental and social reality of the zones where the Exploration Works shall be performed and shall establish the communications channels with the authorities and the communities present there.
Exploration Works A geological compilation report on the property and the area was issued on March 2019 in order to prepare the exploration targets for 2019.
In 1979 the resolution # 265 “On Measures for Intensification of Oil and Gas Exploration Works in Eastern Siberia” was adopted by the Central Committee of the Communist Party of the Soviet Union and the Council of Ministers of the USSR.
THE CONTRACTOR agrees to submit the Exploration Works Program to THE AXX regarding the phase it is undertaking, wherein it describes how it plans to fulfill its obligations, no less than eight (8) Calendar Days previous to each phase of the Exploration Period.
As of contract initiation, THE ASSOCIATE shall prepare a general diagnosis of the environmental and social reality of the zones where the Exploration Works shall be performed and shall establish the communication channels with the local authorities and communities.
Depending on the outcome of the Exploration Works, additional funding may be required and the Company may, as and when necessary and deemed appropriate, explore secondary fund-raising exercises by tapping the capital markets including but not limited to rights issues, share placements and/or issuance of debt instruments.
As of contract initiation, THE ASSOCIATE shall prepare a general diagnosis of the environmental and social reality of the zones where the Exploration Works shall be performed, and shall establish the communication channels with the local authorities and communities.
During the Exploration Period, THE ASSOCIATE is committed to perform, at least, the following Exploration Works: During the First Phase, which lasts eighteen (18) months, THE ASSOCIATE must carry out the assessment of the xxxxx drilled in the area, the reprocessing of the area's existing seismic data, and the acquisition of a 40 kilometer 2D seismic program, or the drilling of an Exploratory Well that penetrates and tests the formations able to produce hydrocarbons in the Contracted Area.