Exploration Budgets. The first Budget for the Exploration Period shall be submitted simultaneously with the Exploration Plan. Such first Budget shall include the Costs to be incurred during the remaining portion of the Calendar Year. The Contractor shall submit the Budget for each subsequent Year no later than September 30 of the immediately preceding Year.
Appears in 6 contracts
Sources: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement
Exploration Budgets. The first Budget for the Exploration Period shall be submitted simultaneously with the Exploration Plan. Such first Budget shall include the Costs to be incurred during the first Contract Year and the Costs to be incurred during the remaining portion of the Calendar YearYear in which the first Contract Year ends. The Contractor shall submit the Budget for each subsequent Year no later than September 30 of the immediately preceding Year.
Appears in 5 contracts
Sources: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)