Common use of Technical Reviews Clause in Contracts

Technical Reviews. Farmee shall, beginning in June of 1998, and in June and December of each calendar year thereafter during the term of this Contract, provide to the appropriate Amoco personnel, a review of Farmee's activities on the Lease Acreage in the Exploration Area. Information included in the review shall include, but shall not be limited to, details regarding proposed seismic acquisition programs, well status reports including location and results of ▇▇▇▇▇ drilled and location and approximate drilling schedule of proposed ▇▇▇▇▇. Additionally, the review shall include. information regarding the handling of farmout requests received by Farmee including information detailing the response or proposed response Farmee made to each request. All information included in the review shall be held strictly confidential by Amoco.

Appears in 2 contracts

Sources: Farmout Contract (Ellora Energy Inc), Farmout Contract (Ellora Energy Inc)