Qualifying Work. The only work that qualifies for Work Units are new 2-D and 3-D seismic surveys and Exploration ▇▇▇▇▇ carried out during the Exploration Period in the Area. Work shall include any seismic surveys for the purpose of locating Exploration Well and Exploration ▇▇▇▇▇ drilled in Development Areas during the Exploration Period. Any work carried out as an Appraisal Program or as part of the development of a Commercial Discovery shall not qualify for Work Units.
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Sources: Petroleum Concession Agreement
Qualifying Work. The only work that qualifies for Work Units are new 2-D and 3-D seismic surveys and Exploration ▇▇▇▇▇ carried out during the Exploration Period in the Contract Area. Work shall include any seismic surveys for the purpose of locating Exploration Well and Exploration ▇▇▇▇▇ drilled in Development Areas during the Exploration Period. Any work carried out as an Appraisal Program or as part of the development of a Commercial Discovery shall not qualify for Work Units.
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