Common use of Commitment in Initial Period Clause in Contracts

Commitment in Initial Period. In each Contract Year mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:

Appears in 3 contracts

Sources: Production Sharing Contract, Production Sharing Contract, Production Sharing Contract

Commitment in Initial Period. In each Contract Year mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:: 2 Permit remapping and development of prospect inventory Nil 2 ▇▇▇▇▇

Appears in 2 contracts

Sources: Production Sharing Contract, Production Sharing Contract

Commitment in Initial Period. In each Contract Year Years 1, 2 and 3 mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that these Contract YearYears below:

Appears in 2 contracts

Sources: Production Sharing Contract, Production Sharing Contract

Commitment in Initial Period. In each Contract Year mentioned below, the Contractor Contractors shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:: 3 [•] [•] [•]

Appears in 1 contract

Sources: Production Sharing Contract

Commitment in Initial Period. In each Contract Year mentioned below, the Contractor shall carry out an Exploration Work Programme and Budget of not less than the amount of work specified for that Contract Year:: 3 [•] [•] [•]

Appears in 1 contract

Sources: Production Sharing Contract