Development. (A) If the Operating Committee determines that a Discovery may be a Commercial Discovery, Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 8 contracts
Samples: Overriding Royalty Agreement (Bontan Corp Inc), Operating Agreement (Fortune Oil & Gas Inc), Purchase and Sale Agreement (Hyperdynamics Corp)
Development. (A) If the Operating Committee determines that a Discovery may be a Commercial Discoverycommercial, the Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 5 contracts
Samples: Joint Operating Agreement (Kosmos Energy Ltd.), Operating Agreement (Kosmos Energy Ltd.), Joint Operating Agreement
Development. (Aa) If the Operating Committee Operations Management Board determines that a Discovery may be a Commercial Discoverycommercial, the Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 2 contracts
Samples: Agreement (Kosmos Energy Ltd.), resourcecontracts-nrgi.s3-us-west-2.amazonaws.com
Development. (A) 9.2.1 If the Operating Committee determines that a Discovery may be a Commercial Discoverycommercial, the Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 2 contracts
Samples: Joint Operating Agreement (Avenue Group Inc), Joint Operating Agreement (Avenue Group Inc)
Development. (Aa) If the Operating Committee determines that a Discovery may be a Commercial Discovery, Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5clause 6.10) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 1 contract
Development. (A) If If, following completion of all necessary appraisal studies as per Clause 6.1(B) the Operating Committee unanimously determines that a Discovery may be is a Commercial DiscoveryDiscovery and should be developed, the Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 1 contract
Samples: Operating Agreement (Fx Energy Inc)
Development. (A) If the Operating Committee Operator determines that a Discovery may be is a Commercial Discovery, Operator shall, as soon as practicable, deliver to the Parties a Development Plan together with the first annual Work Program and Budget (or a multi-year Work Program and Budget pursuant to Article 6.5) and provisional Work Programs and Budgets for the remainder of the development of the Discovery, which shall contain, inter alia:
Appears in 1 contract
