Notification of Discovery Sample Clauses

Notification of Discovery. 12.1. Any Discovery of Oil and/or Gas in the Contract Area must be notified by the Consortium Members to ANP on an exclusive basis within no more than seventy- two (72) hours.
Sample 1Sample 2Sample 3See All (22)
AutoNDA by SimpleDocs
Notification of Discovery. 12.1. Any Discovery in the Contract Area must be notified by the Consortium Members to ANP on an exclusive basis within no more than seventy-two (72) hours.
Sample 1Sample 2Sample 3See All (14)
Notification of Discovery. If the Contractor discovers Hydrocarbons in the Contract Area it shall notify the Ministry as soon as possible, but not later than thirty (30) days after the date of such Discovery. This notice shall include all relevant information in accordance with generally accepted practice of the international petroleum industry including particulars of any production testing program which the Contractor has carried out or proposes to carry out during drilling operations.
Sample 1Sample 2Sample 3See All (8)
Notification of Discovery. 6.1. Any Discovery in the Concession Area must be notified by the Concessionaire to ANP on an exclusive basis within no more than seventy-two (72) hours.
Sample 1Sample 2See All (4)
Notification of Discovery. At any moment within the four (4) Months following the completion of the drilling of any Wildcat Well whose results indicate that there has been a Discovery, THE CONTRACTOR shall inform THE AXX in writing, along with a technical report containing the results of the tests that were preformed, a description of the geological aspects, and the analyses of the fluids and rocks, in the manner indicated by the Ministry of Mines and Energy or by the authority that represents it.
Sample 1Sample 2
Notification of Discovery. Any Discovery of Oil and/or Gas in the Concession Area must be notified by the Concessionaire to ANP on an exclusive basis within no more than seventy-two (72) hours. Assessment, Discoveries of Oil or Natural Gas Assessment Plan, and Final Discoveries of Oil or Natural Gas Assessment Report The Concessionaire may, at its discretion, proceed with the Assessment of a Discovery of Oil and/or Gas at any time during the Exploration Phase. If the Concessionaire decides to proceed with the Discovery Assessment, it must submit a proposed Discoveries of Oil or Natural Gas Assessment Plan for ANP’s approval. The activities of the Discoveries of Oil or Natural Gas Assessment Plan may be calculated as Units of Work for purposes of performance of the Minimum Exploration Program, provided that they are performed within the original term for the Exploration Phase, before the extension for the Discoveries of Oil or Natural Gas Assessment Plan, and may be classified as Units of Work pursuant to the terms set forth in the tender protocol and in the Annex II. Once the Discovery Assessment is completed, the Concessionaire shall submit to ANP a Final Discoveries of Oil or Natural Gas Assessment Report, which shall indicate and justify any proposal for withholding of the Development Area of the Commercial Discovery, pursuant Applicable Laws .
Sample 1

Related to Notification of Discovery

  • Certification of Accuracy of Disclosure Upon commencement of the offering of the Shares under this Agreement (and upon the recommencement of the offering of the Shares under this Agreement following the termination of a suspension of sales hereunder lasting more than 30 Trading Days), and each time that (i) the Registration Statement or Prospectus shall be amended or supplemented, other than by means of Incorporated Documents, (ii) the Company files its Annual Report on Form 10-K under the Exchange Act, (iii) the Company files its quarterly reports on Form 10-Q under the Exchange Act, (iv) the Company files a Current Report on Form 8-K containing amended financial information (other than information that is furnished and not filed), if the Manager reasonably determines that the information in such Form 8-K is material, or (v) the Shares are delivered to the Manager as principal at the Time of Delivery pursuant to a Terms Agreement (such commencement or recommencement date and each such date referred to in (i), (ii), (iii), (iv) and (v) above, a “Representation Date”), unless waived by the Manager, the Company shall furnish or cause to be furnished to the Manager forthwith a certificate dated and delivered on the Representation Date, in form reasonably satisfactory to the Manager to the effect that the statements contained in the certificate referred to in Section 6 of this Agreement which were last furnished to the Manager are true and correct at the Representation Date, as though made at and as of such date (except that such statements shall be deemed to relate to the Registration Statement and the Prospectus as amended and supplemented to such date) or, in lieu of such certificate, a certificate of the same tenor as the certificate referred to in said Section 6, modified as necessary to relate to the Registration Statement and the Prospectus as amended and supplemented to the date of delivery of such certificate.

  • Resolution of Discrepancies In the event of any discrepancy between the information set forth in any report provided by the Custodian to the Company and any information contained in the books or records of the Company, the Company shall promptly notify the Custodian thereof and the parties shall cooperate to diligently resolve the discrepancy.

  • Notification of Disposition If this Option is designated as an Incentive Stock Option, Participant shall give prompt notice to the Company of any disposition or other transfer of any shares of Stock acquired under this Agreement if such disposition or transfer is made (a) within two years from the Grant Date with respect to such shares of Stock or (b) within one year after the transfer of such shares of Stock to him. Such notice shall specify the date of such disposition or other transfer and the amount realized, in cash, other property, assumption of indebtedness or other consideration, by Participant in such disposition or other transfer.

  • Notice of Disputes Notice of the dispute will be submitted on the form provided in Appendix A and sent to the responding party, in order to provide an opportunity to respond. The Crown shall be provided with a copy.

  • Notice of Dispute The party wishing to commence the dispute resolution process must give written notice (Notice of Dispute) to the other parties of:

Time is Money Join Law Insider Premium to draft better contracts faster.