Common use of Notice of a Discovery Clause in Contracts

Notice of a Discovery. The Contractor shall provide notice to the CNH regarding any Discovery that has been confirmed, prior to the notification to any third party. Within thirty (30) Days following the confirmation of any Discovery, the Contractor shall notify the CNH and submit: (i) all available Technical Information related to the Discovery, including details as of quality, flow and geological formations; (ii) a report analyzing such information and establishing details related to a possible Well testing program, and (iii) its preliminary criteria as to the advisability of conducting an Appraisal of such Discovery, pursuant to the Applicable Laws. The term for the submission of the Appraisal Plan shall initiate at the notice of Discovery in accordance with Article 5.1.

Notice of a Discovery. The Contractor shall provide notice to the CNH regarding any Discovery that has been confirmed, prior to the notification to any third party. Within thirty (30) Days following the confirmation of any Discovery, the Contractor shall notify the CNH and submit: (i) all available Technical Information related to the Discovery, including details as of quality, flow and geological formations; (ii) a report analyzing such information and establishing details related to a possible Well testing program, and (iii) its preliminary criteria as to the advisability of conducting an Appraisal of such Discovery, pursuant to the Applicable Laws. The term for the submission of the Appraisal Plan shall initiate at the notice of Discovery in accordance with Article 5.1.

Notice of a Discovery. The Contractor shall provide notice to the CNH regarding any Discovery that has been confirmed, prior to the notification to any third party. Within thirty (30) Days following the confirmation of any Discovery, the Contractor shall notify the CNH and submit: (i) all available Technical Information related to the Discovery, including details as of quality, flow and geological formations; (ii) a report analyzing such information and establishing details related to a possible Well testing program, and (iii) its preliminary criteria as to the advisability of conducting an Appraisal of such Discovery, pursuant to the Applicable Laws. The term for the submission of the Appraisal Plan Program shall initiate at the notice of Discovery in accordance with Article 5.1.