Common use of SECTION TWO – PURPOSE OF THE CONSORTIUM Clause in Contracts

SECTION TWO – PURPOSE OF THE CONSORTIUM. 2.1. The subject matter of this Consortium Agreement is the association of the Parties to comply with Transfer of Rights Surplus Production Sharing Agreement No. , hereinafter referred to as “Production Sharing Agreement”.

SECTION TWO – PURPOSE OF THE CONSORTIUM. 2.1. The subject matter of this Consortium Agreement is the association of the Parties to comply with Transfer of Rights Surplus Production Sharing Agreement No. , hereinafter referred to as “Production Sharing Agreement”. The Consortium Members established and shall establish, in specific documents and without prejudice to documents and commitments undertaken in the Production Sharing Agreement, specific rules and conditions to internally govern individual relations, in their capacity of Consortium Members, as well as the conduct of the Consortium Operations.