Common use of Evaluation Program Clause in Contracts

Evaluation Program. This is the Evaluation Operations plan presented by THE CONTRACTOR to the XXX, as per Clause 7 hereto, with the purpose of evaluating a Discovery and determining whether it is a Commercial Field. The performance of the Evaluation Program and submittal of the report on the results to XXX are requisites to declare whether a Discovery is a Commercial Field.

Appears in 2 contracts

Samples: Hydroarbon Exploration and Production Contract (Harken Energy Corp), resourcecontracts.org

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Evaluation Program. This It is the Evaluation of Operations plan presented by THE CONTRACTOR to the XXX, as per XXX pursuant to Clause 7 hereto, of this contract with the purpose of evaluating a the Discovery and determining whether if it is a Commercial Field. The performance of the Evaluation Program and submittal the presentation of the outcome report on the results to XXX are requisites to declare whether a the requirements for the statement if the Discovery is a Commercial Field.

Appears in 1 contract

Samples: Harken Energy Corp

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Evaluation Program. This is the The Evaluation Operations plan Plan presented by THE CONTRACTOR to the XXX, as per XXX under Clause 7 hereto, with the purpose of evaluating below to evaluate a Discovery and determining determine whether it there is a Commercial Field. The performance Execution of the Evaluation Program and submittal also the presentation of the final report on to the results to XXX are requisites requirements to declare whether a Discovery is a Commercial commercial Field.

Appears in 1 contract

Samples: www.resourcecontracts.org

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