Common use of Development and Production Clause in Contracts

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 works mentioned in Article 6.4 above, notify to the Petroleum Operations Management Committee referred to in Article

Appears in 1 contract

Samples: resourcecontracts.org:443

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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 works work mentioned in Article 6.4 above, notify to the Petroleum Operations Management Committee referred to in ArticleArticle 9.2 below the development plan concerning such Commercial Discovery.

Appears in 1 contract

Samples: Hyperdynamics Corp

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 works mentioned in Article 6.4 above, notify to the Petroleum Operations Management Committee referred to in ArticleArticle 9.2 below the development plan concerning such Commercial Discovery.

Appears in 1 contract

Samples: Hyperdynamics Corp

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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 works work mentioned in Article 6.4 above, notify to the Petroleum Operations Management Committee referred to in Article

Appears in 1 contract

Samples: www.resourcecontracts.org

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