Minimum Exploration Work Programme definition

Minimum Exploration Work Programme means the Exploration work to which Contractor has committed itself for each phase of the Exploration Period in accordance with Article 7.
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Minimum Exploration Work Programme means the work programme specified in Article 11.
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Examples of Minimum Exploration Work Programme in a sentence

  • The Minister may deny approval of the Work Programmes if the Contractor (i) does not comply with the Minimum Exploration Work Programme, or the additional commitments made for the Appraisal Period and, or Retention Period; (ii) the Work Programme submitted during the Development Period modifies the Development Plan, and (iii) the Work Plan does not comply with Best International Industry Standards and Practices.

  • 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.

  • During the Exploration Period, the Work Programmes shall comply with the Minimum Exploration Work Programme, and the Exploration Plan, and during any Development Period, the Work Programmes shall comply with the relevant Development Plan.

  • The third renewal of the Petroleum Exploration Licence is subject to the Contractor having fulfilled the Minimum Exploration Work Programme specified in Article 11.4 to the satisfaction of the Minister and relinquishment of areas pursuant to Article 9.

  • The Exploration Plan shall provide for, at minimum, the performance of all of the activities provided for in the Minimum Exploration Work Programme and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake during the term of the Petroleum Exploration Licence.

  • Approval of changes to the approved Work Programmes is at the discretion of the Minister upon satisfaction that the amended Work Programme complies with applicable laws, the terms and conditions of this Agreement (including the Minimum Exploration Work Programme, the Exploration Plan and, as the case may be, the Development Plan), the Environmental and Safety Management System and Best International Industry Standards and Practices.

  • The Exploration Plan shall contemplate at least, the performance of all of the activities provided for in the Minimum Exploration Work Programme and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake out during the term of the Petroleum Exploration Licence.

  • During the Initial Exploration Period, which shall be subdivided into two sub-periods, the Contractor shall carry out the following Minimum Exploration Work Programme including: First 2-year sub-period.

Related to Minimum Exploration Work Programme

  • Work Programme means the document adopted by the Commission for the implementation of the specific programme28 in accordance with its Article 12 or the equivalent document in content and structure adopted by a funding body.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Exploration Operations means operations conducted in the Contract Area pursuant to this Contract in searching for Petroleum and in the course of an Appraisal Programme and shall include but not be limited to aerial, geological, geophysical, geochemical, palaeontological, palynological, topographical and seismic surveys, analysis, studies and their interpretation, investigations relating to the subsurface geology including structural test drilling, stratigraphic test drilling, drilling of Exploration Xxxxx and Appraisal Xxxxx and other related activities such as surveying, drill site preparation and all work necessarily connected therewith that is conducted in connection with Petroleum exploration.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Development Area means that area to which a development plan is applicable.

  • Exploratory Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Project Plan means the document to be developed by the Contractor and approved by Webel Technology Ltd., based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalized Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by Webel Technology Ltd. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • Production Operations means all operations conducted for the purpose of producing Petroleum from the Development Area after the commencement of production from the Development Area including the operation and maintenance of all necessary facilities therefor.

  • Development Plan has the meaning set forth in Section 3.2.