Common use of Work Programme in Exploration Period Clause in Contracts

Work Programme in Exploration Period. The first Work Programme of the Exploration Period will be submitted simultaneously with the Exploration Plan for approval by the Minister. Such first Work Programme in the Exploration Period shall cover the Exploration Operations to be conducted during the first Contract Year. Thereafter, the Contractor shall submit the Work Programme for each Contract Year within sixty (60) days of the anniversary of the Effective Date of the Exploration Licence pursuant to Section 21(2) of the Act.

Appears in 4 contracts

Samples: Model Production Sharing Agreement, Sharing Agreement, Production Sharing Agreement

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Work Programme in Exploration Period. The first Work Programme of the Exploration Period will be submitted simultaneously with the Exploration Plan for approval by the Minister. Such first Work Programme in the Exploration Period shall cover the Exploration Operations to be conducted during the first Contract remaining portion of the Calendar Year. Thereafter, the Contractor shall submit the Work Programme for each Contract Year within sixty (60) days no later than September 30 of the anniversary of the Effective Date of the Exploration Licence pursuant to Section 21(2) of the Actimmediately preceding Year.

Appears in 2 contracts

Samples: Production Sharing Agreement, Sharing Agreement

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