Common use of Contract Area Clause in Contracts

Contract Area. Area identified in "Appendix A:" called Block ..., located between the Provinces of .................., with an extension of ... ............. hectares (XXX, XXX.000 ha). The Contract Area will be redefined after excluding the areas relinquished by the Contractor, according to the terms of the Contract.

Appears in 3 contracts

Sources: Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons, Contract for the Exploration and Exploitation of Hydrocarbons

Contract Area. Area identified The area described in "Appendix APPENDIX “A:" called ” and shown in APPENDIX “B”; known as Block ...…., located between the Provinces of ..................………….., with an extension of ... ............. hectares (XXX, XXX.000 ha)……… hectares. The Contract Area will shall be redefined after excluding the those areas relinquished released by the Contractor, according to Contractor under the terms of the Contract. In the event of any discrepancy between APPENDIX “A” and APPENDIX “B”, APPENDIX “A” shall prevail.

Appears in 1 contract

Sources: License Contract for Hydrocarbon Exploration and Exploitation