Common use of WORK PROGRAM AND EXPENDITURES Clause in Contracts

WORK PROGRAM AND EXPENDITURES. 4.1 The contract operator shall continue with petroleum activities being carried out on the effective date. The Designated Authority and the contract operator shall agree to an exploration work program and expenditures for each contract year. 4.2 paragraph deliberately omitted] [4.3 – paragraph deliberately omitted] [4.4 – paragraph deliberately omitted] [4.5 – paragraph deliberately omitted] [4.6 – paragraph deliberately omitted]

Appears in 2 contracts

Sources: Production Sharing Contract, Production Sharing Contract