Thirteen. Contractor shall propose the Coordination Committee the proper Maximum Efficient Production for each field under production. The production rate of any field shall not exceed the Maximum Efficient Production established for that field according to the regular practices applied in the oil industry. Six.Six.
Appears in 2 contracts
Sources: Special Operation Contract for the Exploration and Exploitation of Hydrocarbon Fields (GeoPark LTD), Special Operation Contract for the Exploration and Exploitation of Hydrocarbon Fields (GeoPark Holdings LTD)