Cost Recovery Oil. 7.2.1 After deducting Royalties, the Contractor shall be entitled to up to [insert number] percent ([insert number]%) of the Total Disposable Production remaining in any Calendar Year for recovery of its Petroleum Operations Costs (Cost Recovery Oil).
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Samples: www.resourcecontracts.org, www.droit-afrique.com, s3.amazonaws.com
Cost Recovery Oil. 7.2.1 After deducting Royalties, the Contractor shall be entitled to up to [insert number] seventy percent ([insert number]%70%) of the Total Disposable Production remaining in any Calendar Year for recovery of its Petroleum Operations Costs (Cost Recovery Oil).
Appears in 3 contracts
Samples: Annex a Contract (Kosmos Energy Ltd.), Annex a Contract (Kosmos Energy Ltd.), Annex a Contract (Kosmos Energy Ltd.)
Cost Recovery Oil. 7.2.1 After deducting Royalties, the Contractor shall will be entitled to up to [insert number] seventy percent ([insert number]%70%) of the Total Disposable Production remaining in any Calendar Year for recovery of its Petroleum Operations Costs (“Cost Recovery Oil").
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