Common use of Where Contractor’s Notice Clause in Contracts

Where Contractor’s Notice. indicates that the Discovery does not at that time merit Appraisal but may merit Appraisal or additional evaluation at a later date during the Exploration Period or during the initial period under a new petroleum agreement made pursuant to Article 14.18 below, then Contractor need not submit a proposed Appraisal Programme at that time but instead shall indicate what other studies or evaluations may be warranted before an Appraisal Programme is undertaken. Where Contractor’s Notice indicates that the Discovery will not merit appraisal at any time during the Exploration Period or during the initial period under a new petroleum agreement made pursuant to Article 14.18, then GNPC may by Notice to Contractor require Contractor to relinquish the rights to the Non-Associated Gas within that Discovery Area.

Appears in 3 contracts

Samples: Petroleum Agreement, Petroleum Agreement, Petroleum Agreement (Kosmos Energy Ltd.)

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Where Contractor’s Notice. indicates that the Discovery does not at that time merit Appraisal but may merit Appraisal or additional evaluation at a later date during the Exploration Period or during the initial period under a new petroleum agreement Agreement made pursuant to Article 14.18 below, then Contractor need not submit a proposed Appraisal Programme at that time but instead shall indicate what other studies or evaluations may be warranted before an Appraisal Programme is undertaken. Where Contractor’s 's Notice indicates that the Discovery will not merit appraisal at any time during the Exploration Period or during the initial period under a new petroleum agreement Agreement made pursuant to Article 14.18, then GNPC may by Notice to Contractor require Contractor to relinquish the rights to the Non-Associated Gas within that Discovery Area.

Appears in 1 contract

Samples: Model Petroleum Agreement

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