Common use of Cessation of Drilling Clause in Contracts

Cessation of Drilling. In respect of Article 3.2.1(a) and to the extent practicable where a prudent operator would immediately cease drilling operations, the Contractor shall obtain the approval of the Ministry prior to the interruption or cessation of any drilling. The Ministry shall respond as soon as practicable and in any event within three (3) Business Days counted from the date of receipt of such request. The granting of such approval may not be unreasonably withheld or delayed, provided that the Ministry is in receipt of sufficient information to enable it to make an informed decision.

Appears in 4 contracts

Samples: s3.amazonaws.com, www.resourcecontracts.org, www.resourcecontracts.org

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Cessation of Drilling. In respect of Article 3.2.1(a3.2.1(b) and to the extent practicable where a prudent operator would immediately cease drilling operations, the Contractor shall obtain the approval of inform the Ministry prior to the interruption or cessation of any drilling. The Ministry shall respond as soon as practicable and in any event within three (3) Business Days days counted from the date of receipt of such request. The granting of such approval may not be unreasonably withheld or delayed, provided that the Ministry is in receipt of sufficient information to enable it to make an informed decision.

Appears in 2 contracts

Samples: Annex a     Contract (Kosmos Energy Ltd.), Annex a     Contract (Kosmos Energy Ltd.)

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Cessation of Drilling. In respect of Article 3.2.1(a‎3.2.1(b) and to the extent practicable where a prudent operator would immediately cease drilling operations, the Contractor shall obtain the approval of inform the Ministry prior to the interruption or cessation of any drilling. The Ministry shall respond as soon as practicable and in any event within three (3) Business Days days counted from the date of receipt of such request. The granting of such approval may not be unreasonably withheld or delayed, provided that the Ministry is in receipt of sufficient information to enable it to make an informed decision.

Appears in 1 contract

Samples: Annex a     Contract (Kosmos Energy Ltd.)

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