Exploration Operations. Contractor shall commence Exploration Operations within ninety (90) Days of the Effective Date.
Exploration Operations. Unless exceeded by the minimum assessment under Section 3.3, the aggregate Year-to-Date indirect charges shall be a percentage of the Year-to-Date expenditures, calculated on the following scale (U.S. Dollars): $0 to $5,000,000 of expenditures = 5% Next $10,000,000 of expenditures = 3% Excess above $15,000,000 of Expenditures = 2.0%
Exploration Operations. Getting BLM Approval § 3251.10 Do I need a permit before I start exploration operations? BLM must approve a Notice of Intent to Conduct Geothermal Resource Exploration Operations (NOI) before you conduct exploration operations. The approved NOI, including any necessary conditions for approval, constitutes your permit. § 3251.11 What information is in a complete Notice of Intent to Conduct Geothermal Resource Exploration Operations application? To obtain approval of exploration operations on BLM-managed lands, your application must:
Exploration Operations. All works carried out by Contractor himself or by subcontractors to determine the existence of Hydrocarbons or to evaluate a Hydrocarbon Discovery within the Contract Area. Regardless of whether the works are carried out in Chile or abroad, they shall include, without any restriction, geological and geophysical research, studies and measurements, data processing and evaluation, and related technical activities, such as Test Borings, appraisal xxxxx, tests, sampling, coring and logging of Test Borings and appraisal xxxxx located within the Contract Area. The expression “Exploration Operations” wherever used in the Contract, shall be deemed to include the Complementary Activities defined in Xxx.Xxx. One.Twenty-seven.
Exploration Operations. Staatsolie and Contractor agree that the Exploration Operations shall be determined by Contractor, at its sole discretion. Contractor shall inform Staatsolie in advance of its Exploration drilling schedule or program, or of any modifications thereof.
Exploration Operations. Except for the initial Work Program and Budget (addressed in Sub-Article 9.2), during the Exploration Period Contractor shall submit to the Operations Committee a Work Program and Budget for the subsequent Calendar Years at least sixty (60) Days before the commencement of each Calendar Year. Submission of the Work Program(s) and Budget(s) shall not be considered a decision by Contractor to enter the subsequent phases of the Exploration Period in accordance with Sub-Article 5.2. The Work Program(s) submitted by Contractor for each Calendar Year shall be accompanied by an indicative schedule for operations for the remainder of the then current phase in accordance with Article 5.
Exploration Operations include geological and geophysical studies, aerial mapping, investigations relating to subsurface geology, stratigraphic test drilling, Exploration Xxxxx, Evaluation Xxxxx and related activities such as drill site preparation, surveying and all connected work carried out in relation to the Exploration for Hydrocarbon deposits in the Contract Area and their Evaluation until the Ministry approves a Development and Production Plan.
Exploration Operations. The Corporation, FHT and the Partnership hereby delegate to Manager, and Manager hereby accepts the delegation of, the authority to implement for and on behalf of the Corporation, FHT and the Partnership any Exploration Operation where Manager believes that such Exploration Operation is in accordance with policies adopted by the Board and the projected cost is within the capital expenditure limits provided for in Section 6.7 of the Resources Royalty Agreement.
Exploration Operations. The operations performed by THE ASSOCIATE as related to the search and discovery of Hydrocarbons within the Contract Area.
Exploration Operations. All activities carried out for the purpose to make or to evaluate a Discovery. Exploration Permit An exclusive Exploration Permit granted pursuant to the Convention to Contractor as referred to in Law 64/LF/3 of 6 April 1964. Fiscal Year
