Examples of Non-Associated Gas in a sentence
During this period the CONTRACTOR will conduct preliminary market studies in order to analyze the markets for the Non-Associated Gas as well as investigate such technical issues as reserve size ranges, deliverability and other issues pertaining to the exploitation of the Non-Associated Gas.
The CONTRACTOR shall negotiate and execute contracts for the sale of Non-Associated Gas, including the Government share, if the DEPARTMENT has not elected to get its share in the gas production in kind.
Such participation of the DEPARTMENT in the negotiations shall however not in any way restrict or limit the right of CONTRACTOR to dispose of its share of Non-Associated Gas.
If the Parties decide unanimously that a Non-Associated Gas reservoir is non-commercial, the corresponding area covered by the Non-Associated Gas reservoir may be retained in the Contract Area as long as the CONTRACTOR is actively seeking in good faith to solve technical issues and find a market for the Non-Associated Gas, but in no event can the CONTRACTOR retain the area longer than ten (10) years from the submission of the discovery report nor beyond the termination of this Contract.
Prior to the expiration of the Exploration Period, if the CONTRACTOR together with the DEPARTMENT considers that a Non-Associated Gas reservoir which has been determined to be non commercial needs to be reappraised because of some favorable factors, CONTRACTOR shall work out a new evaluation report on that Non-Associated Gas reservoir and submit the same to the DEPARTMENT for review and approval.