Development and Production. 1. Within the scope of exploration (prospection and research activities), whenever the Concession Holder establishes the existence of an economically viable oil field, it must develop the respective preliminary demarcation and the general working plan for development and production, which must include the closing plan and the return of the area to its original or equivalent status, and the respective schedule for execution, submitting them to DGEG for discussion, according to the terms of Articles 37 to 39 of DL 109/94.
Development and Production. The Developer will develop and produce the Work described in Appendix A within the timelines described in Appendix A.
Development and Production. 2.1 TARGACEPT hereby engages SIEGFRIED to undertake DEVELOPMENT and/or PRODUCTION as set forth in sub-appendices to this AGREEMENT from time to time, upon the terms and conditions set forth in this AGREEMENT, and SIEGFRIED hereby accepts such engagement.
Development and Production. Plan has the meaning attributed to it in Article 5.5.1.
Development and Production. It is agreed and acknowledged by the Parties that if a commercially viable deposit is delineated on the Properties, the Joint Venture has the right to proceed expeditiously to develop a mine or mines on the Property or Properties in accordance with the relevant law and regulations of the PRC.
Development and Production. 5.1 If the Contractor in its report under Article 4.6.5 considers that a Discovery is a Commercial Discovery, it shall submit to the Minister, within six (6) months following the date of submission of said report, an application for an Exploitation Licence accompanied by a detailed Development and Production Plan for the Field relating to said Discovery, specifying inter alia:
Development and Production. 7.1 If the Contractor considers a discovery to be a Commercial Discovery, it shall, within six (6) months from the completion of the appraisal work mentioned in Article 6.4 above, notify to the Petroleum Operations Management Committee referred to in Article 9.2 below the development plan concerning such Commercial Discovery.
Development and Production. 2.1 MOMENTA hereby engages SIEGFRIED to undertake the DEVELOPMENT and PRODUCTION of ENOXAPARIN upon the terms and conditions set forth in this Agreement and SIEGFRIED hereby accepts such engagement.
Development and Production. SECTION FOURTEEN – PRODUCTION PHASE Start and Duration The Production Phase shall begin on the date of submission of the Declaration of Commercial Feasibility and last only while this Agreement is effective.
Development and Production. 7.1 The Development Plan shall be prepared on the basis of sound engineering, environmental and economic principles in accordance with generally accepted international petroleum industry practice.
