Exploration Stage definition

Exploration Stage means the period described in Article 2 of this Agreement.
Exploration Stage means a prospect that is not yet in either the development or production stage.
Exploration Stage. In earlier work (Xxxxxxx et al., 2007) a few non-drilled aquifer prospects were identified referred to as Aquifer “1”, Aquifer “A” and Aquifer “B”. The latter one is partly located onshore. The total potential is estimated at 170 Mt. Table 4-1 Individual storage reservoirs from ISA2/1; *2 Aquifer “B” is partly onshore; * Q1 is underpressured; capacity calculated for initial pressure conditions; yearly injection rate based on daily injection rate 12*106 Sm3 and assuming a density of 2kg/m3 and 300 days of operation in a year; *1 K12-B Well B2 has a daily rate of 1.0*106 SM3 equalling to 0.6 Mt/a with the same assumptions on density and no of operational days mentioned for Q1. Name gas reservoir Type Storage potential [Mt] (Plateau) injection rate [Mt/y] /(duration [yrs]*) EoL Focus points Current development stage Next (derisking) step P18-4 Gas reservoir 8 1.1/7 2015 ESV Permit/pre- FEED FEED P18-2 Gas reservoir 29 1.1/21 2018 Workover diverted well Feasibility Finalize feasibility and start EIA/pre- FEED P15-9 Gas reservoir 12 1.4/5 2014 Suspended exploration well Screening (Pre-) Feasibility P15-11 Gas reservoir 17 1.4/5 2014 Screening (Pre-) Feasibility P15-13 Gas reservoir 8 0.7/5 2007 Screening (Pre-) Feasibility

Examples of Exploration Stage in a sentence

  • Given the nature of the mining business, the limited extent of the Company’s assets and the present stage of development, the following risk factors, among others, should be considered: Exploration Stage Company The Company does not hold any known mineral reserves of any kind and does not generate any revenues from production.

  • How to Administer and Counsel: Revisiting Responsibilities, Structures and Processes in the Immigration Society• Knowledge and Diversity Management• Health3.

  • NOVASTAR RESOURCES LTD.(formerly Custom Branded Networks, Inc.) (an Exploration Stage Company) NOTES TO CONSOLIDATED FINANCIAL STATEMENTS JUNE 30, 2005(Audited) (Stated in U.S. Dollars) 2.

  • Concessions at Exploration Stage have 3 year life extendable for 2 years to a maximum 11 years.

  • TANZANIAN ROYALTY EXPLORATION CORPORATION (An Exploration Stage Company)Notes to Consolidated Financial Statements (Expressed in Canadian dollars) Years ended August 31, 2010, 2009 and 2008 2.

  • As such, the Corporation is considered an Exploration Stage Enterprise.

  • Concessions at Exploration Stage have 3 year life extendable for 2 years to a maximum of 11 years.

  • Given the nature of the mining business, the limited extent of the Company's assets and the present stage of development, the following risk factors, among others, should be considered: Exploration Stage Company The Company does not hold any known mineral reserves of any kind and does not generate any revenues from production.

  • Exploration Stage Operations All of the Company’s properties are still in the exploration stage.

  • These factors raise substantial doubt about the Company’s ability to continue as a going concern.Goldrich Mining Company(An Exploration Stage Company)Notes to the Consolidated Financial Statements (unaudited) 2.


More Definitions of Exploration Stage

Exploration Stage means a prospect that is not in either the development or production stage. “Fault” means a surface or zone of rock fracture along which there has been displacement.
Exploration Stage means a project that is not yet in either the Development Stage or Production Stage.
Exploration Stage means the period starting on the Effective Date and ending on the date of approval of the Development Documentation.

Related to Exploration Stage

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

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

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

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • drilling means the act of boring a hole to reach a proposed bottom hole location through which oil or gas may be produced if encountered in paying quantities, and includes redrilling, sidetracking, deepening, or other means necessary to reach the proposed bottom hole location, testing, logging, plugging, and other operations necessary and incidental to the actual boring of the hole;

  • 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.

  • Interconnection Studies means the Interconnection Feasibility Study, the System Impact Study, and the Facilities Study described in Tariff, Part IV and Tariff, Part VI. Interface Pricing Point:

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • Destination state means the state, territory, or foreign country to which motor fuel is directed for

  • Construction Start Date means the later to occur of the date on which Seller delivers to Buyer (a) a copy of the Notice to Proceed that Seller has delivered to the EPC Contractor for the Project, and (b) a written Certification substantially in the form attached hereto as Appendix IV-1.

  • Feasibility Study means the evaluation and analysis of the potential of a project, which aims at supporting the process of decision-making by objectively and rationally uncovering its strengths and weaknesses, opportunities and threats, as well as identifying the resources required to carry it through and ultimately its prospects for success;

  • Benchmark Transition Start Date means, in the case of a Benchmark Transition Event, the earlier of (a) the applicable Benchmark Replacement Date and (b) if such Benchmark Transition Event is a public statement or publication of information of a prospective event, the 90th day prior to the expected date of such event as of such public statement or publication of information (or if the expected date of such prospective event is fewer than 90 days after such statement or publication, the date of such statement or publication).

  • Interconnection Study means any of the studies defined in the CAISO Tariff or, if applicable, any distribution provider’s tariff that reflect the methodology and costs to interconnect the Project to the Participating Transmission Owner’s electric grid.

  • 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.

  • Mitigation Study Period means the duration of time extending six consecutive Capability Periods and beginning with the Starting Capability Period associated with a Class Year Study, Additional SDU Study, and/or Expedited Deliverability Study. For purposes of Section 23.4.5 of this Attachment H, “Mitigated UCAP” shall mean one or more megawatts of Unforced Capacity that are subject to Control by a Market Party that has been identified by the ISO as a Pivotal Supplier. For purposes of Section 23.4.5 of this Attachment H, “Mitigation Net CONE” shall mean the capacity price on the currently effective ICAP Demand Curve for the Mitigated Capacity Zone corresponding to the average amount of excess capacity above the Mitigated Capacity Zone Installed Capacity requirement, expressed as a percentage of that requirement, that formed the basis for the ICAP Demand Curve approved by the Commission.

  • Flood Elevation Study means an examination, evaluation and determination of flood hazards and, if appropriate, corresponding water surface elevations, or an examination, evaluation and determination of mudslide (i.e., mudflow) or flood-related erosion hazards.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Horizontal well means a well bore drilled laterally at an angle of at least eighty (80) degrees to the vertical or with a horizontal projection exceeding one hundred (100) feet measured from the initial point of penetration into the productive formation through the terminus of the lateral in the same common source of supply.

  • Phase III Clinical Study means a trial involving administration of a Compound to sufficient numbers of human patients with the goal of establishing that the Compound is safe and efficacious for its intended use, to define warnings, precautions and adverse reactions that are associated with the drug or label expansion of such Compound, and to be considered as a pivotal study for submission of an NDA.

  • Option Style “Modified American”, as described under “Procedures for Exercise” below Option Type: Call Buyer: Counterparty Seller: Dealer

  • Mining Plan means a mining plan drawn in accordance with clause (b) of sub-section

  • Initial Registration Statement means the initial Registration Statement filed pursuant to this Agreement.

  • Phase II Clinical Study means a human clinical study of a product initiated to determine the safety and efficacy in the target patient population, as described 21 C.F.R. 312.21(b).

  • Test Well means a well constructed for the purpose of obtaining information needed to design a well prior to its construction. Test wells are cased and can be converted to observation or monitoring wells and under certain circumstances to production wells

  • Oil well means any well capable of producing oil or oil and casinghead gas from a common source of supply as determined by the commission.