Common use of Evaluation Activities Clause in Contracts

Evaluation Activities. All Exploration Operations carried out by Contractor in the vicinity of a Hydrocarbon Discovery to appraise the total area and importance of the discovery including, but not limited to extension or appraisal ▇▇▇▇▇, detailed seismic lines; geological, geochemical, gravimetric and magnetic studies; interpretation of well logs, formation tests and other data obtained from the drilling of said ▇▇▇▇▇. One.Three.

Appears in 2 contracts

Sources: Special Operation Contract for the Exploration and Exploitation of Hydrocarbon Fields (GeoPark LTD), Special Operation Contract for the Exploration and Exploitation of Hydrocarbon Fields (GeoPark Holdings LTD)