Abandonment Fund. THE CONTRACTOR will establish a fund to guarantee the financing of activities that are necessary to undertake an Abandonment program of the ▇▇▇▇▇ and an environmental renewal of production areas when their Production Period ends, in accordance with Good Oil Industry Practices and pursuant to the following stipulations:
Appears in 2 contracts
Sources: Exploration and Production Contract (GeoPark LTD), Exploration and Production Contract (GeoPark Holdings LTD)