Common use of Exploration Costs Clause in Contracts

Exploration Costs. Exploration Costs are all direct and allocated indirect expenditures incurred in the search for Petroleum in an area which is, or was at the time when such costs were incurred, part of the Contract Area, including expenditures incurred in respect of:

Exploration Costs. Exploration Costs are all direct and allocated indirect expenditures incurred in the search for Petroleum in an area which is, or was at the time when such costs were incurred, incurred part of the Contract Area, including expenditures incurred in respect ofof :

Exploration Costs. Exploration Costs are all direct and allocated indirect costs and expenditures incurred in carrying out the Exploration Operations, including all direct and allocated indirect costs and expenditures incurred in the search for Petroleum in an area which is, or was at the time when such costs and expenses were incurred, part of the Contract Area, including expenditures incurred in respect ofArea including:

Exploration Costs. Exploration Costs are all direct and allocated indirect expenditures Petroleum Costs incurred in the search for Petroleum in an area which is, or was at the time when such costs were incurred, part of Exploration Operations within the Contract Area, including expenditures incurred in respect ofincluding:

Exploration Costs. Exploration Costs are all direct and allocated indirect costs and expenditures incurred in carrying out the Exploration Operations, including but not limited to all direct and allocated indirect costs and expenditures incurred in the search for Petroleum in an area which is, or was at the time when such costs and expenses were incurred, part of the Contract Area, including expenditures incurred in respect ofArea including: