Common use of Work Programme Clause in Contracts

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 In addition to the Bid Work Programme Commitment in first Exploration Phase specified below in Article 5.2.1 and 5.3, the Contractor Shall be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering the entire Contract Area ( herein after referred to as “ Mandatory Work Programme”) during First Exploration Phase. In case due to any reason intrinsic to the Contract Area reason(s), the Contractor is not able to cover any part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor shall submit a proposal for substitution of the short fall in the Mandatory Work Programme to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ details/data to enable it to take a decision on the proposal. The Management Committee shall ensure that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drilling. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 Subject to Article 31, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoever, each Company constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against the Minimum Work Programme for the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified in this Article 5. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 In addition to the Bid Work Programme Commitment in first Initial Exploration Phase Period specified below in Article Article 5.2.1 and 5.3, the Contractor Shall be required to undertake and complete the 2D seismic – API, in grid size of LKM x X LKM covering the entire Contract Area ( (herein after referred to as “ “Mandatory Work Programme”) during First Initial Exploration PhasePeriod. In case due to any reason intrinsic to the Contract Area reason(s)Area, the Contractor is not able to cover any part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor contractor shall submit a proposal for substitution of the short fall shortfall in the Mandatory Work Programme to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously unanimous decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ details/information / details / data to enable it to take a decision on the proposal. The Management Committee shall ensure that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. However, if the Work Programme of 3D seismic API in Article 5.2.1 (a) is equal in size to the Contract Area then the Contractor shall be exempted from carrying out the 2D seismic Mandatory Work Programme. 5.2.1 During the currency of the first Initial Exploration PhasePeriod, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or and sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ Well(s) shall be drilled to at least one of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths depths: (i) metres and (geological objectivefrom sea bed); (ii) to Basement; and; (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the ContractorContractor would require unanimous approval of the Management Committee. 5.3 During the currency of Subsequent Exploration Period, if opted in accordance with Article 3.4 (a), the Contractor shall complete the following Work Programme:- For Onland Blocks and Shallow water blocks: One (1) Exploration well in per Year or For Deepwater blocks: One (1) Exploration Well to at least one of the following depths: (i) metres from Sea bed; (to be specified by the Contractor at the time of exercising the option) (ii) to Basement (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drilling. 5.5 If the depth/geological objective depth of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 Subject to Article 31, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill fulfil the said Mandatory Work Programme or Minimum Work Programme or both by Work Programme committed during the end of the relevant Initial Exploration Phase Period or Subsequent Exploration Period or early termination of the Contract by the Government for any reason whatsoever, each Company constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Initial Exploration Phase Period or Subsequent Exploration Period or early termination of the Contract, as may be the case, its Participating Interest share for an amount which, when evaluated in terms which shall be equivalent to Liquidated Damages as specified below: Per well 1,000,000 3,000,000 6,000,000 Per ▇▇.▇▇. of 3D 5,000 1,500 1,500 Per line km. of 2D 2,500 1,000 1,000 In case of 2D seismic and 3D seismic the Contractor shall pay LD for the quantum of Work Programme that falls short of the Mandatory Work programme or Minimum Work Programme Programme. However, in case of Well(s) which have not been drilled to the depth specified in the Minimum Work Programme, the Contractor shall pay LD for the relevant Phaseentire Well, is equal irrespective of the metreage left to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into accountdrilled. 5.7 If the Minimum Work Programme for the second Subsequent Exploration Phase Period has been completed earlier than eighteen months from the end of the Phasespecified period, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against the Minimum Work Programme for the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Yearyear, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets budgets relating to Petroleum Operations petroleum operations to be carried out during the relevant Yearyear. Work Programme and Budgets for the Exploration Period exploration period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Initial Exploration Phase Period specified in this Article 5. 5.10 5.9 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9.5.8 5.11 5.10 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.Article

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 In addition to the Bid Work Programme Commitment in first Exploration Phase specified below in Article 5.2.1 and 5.3, the Contractor Shall be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering the entire Contract Area ( herein after referred to as “ Mandatory Work Programme”) during First first Exploration Phase. In case due to any reason intrinsic to the Contract Area reason(sreason (s), the Contractor is not able to cover any part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor shall submit a proposal for substitution of the short fall shortfall in the Mandatory Work Programme to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ information/details/data to enable it to take a decision on the proposal. The Management Committee shall ensure that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; andof (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; andof (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths depths: (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drilling. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 Subject to Article 31, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoever, each Company constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme Programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account.account and for purposes of determining the cost of well not drilled, the following depth as specified in the bid shall be used:- Phase-I Phase-II 1st Well: 2nd Well and subsequent ▇▇▇▇▇: 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against the Minimum Work Programme for the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified in this Article 5. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. and for approval as provided in Article 6.6. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 During the currency of the Exploration Period (Phase-I), the Contractor shall complete the following Work Programme, which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-I): 5.3 In relation to Petroleum Operations other than CBM, at the expiry of the Exploration Period (Phase-I), the Contractor may proceed to the Exploration Period (Phase-II) by committing: (i) drilling of three Exploration Wellsat anytime during three (3) years of Exploration Period (Phase-II) in Contract Area in case of onland and shallow water blocks; or(ii) two Exploration ▇▇▇▇▇ (i.e. one Well in each two-year period of four (4) years) in Contract Area in case of Frontier Area, and Deepwater Areas;or (iii) one Exploration Well in four (4) years in the Contract Area in case of Ultra Deepwater Blocks, as the case may be;subject to submission of the requisite guarantees as provided for in Article 28. The depth of such Well(s) will be notified by the Contractor to the Management Committee at the time of exercising this option of entering into Exploration Period (Phase-II). 5.4 In relation to Petroleum Operations for CBM, the Contractor shall be required to undertake the following Work Programme for Exploration Period (Phase-II), which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-II): 5.5 In addition to the Bid Minimum Work Programme Commitment in first Exploration Phase Period (Phase-I) specified below in Article 5.2.1 and 5.35.2 above, the Contractor Shall shall, wherever applicable, be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering the entire Contract Area ( (herein after referred to as “ "Mandatory Work Programme”") during First Exploration Period (Phase-I). In case due to any reason intrinsic to Provided however that, in the Contract Area reason(s), event the Contractor is not able to cover any undertakes 3D seismic API in a part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor it shall submit a proposal for substitution of the short fall in be deemed to have discharged the Mandatory Work Programme in that part of the Contract Area and will not be required to undertake the mandatory 2D seismic API in that part of the Contract Area. 5.6 If the Contractor had purchased, before or after the award of a particular Block, 2D and/or 3D seismic data generated under a multi-client speculative survey model for that particular Block, then the same can be set off against the Mandatory Work Programme and/orMinimum Work Programmefor that Block. 5.7 The Contractor shall have the right to formulate an additional Work Programme, within the stipulated period as specified in Article 3, to cover Petroleum Operations for any type of hydrocarbon other than the type for which the Block was designated, and shall submit the same to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ details/data to enable it to take a decision on the proposal. The Management Committee shall ensure its information.Provided however that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation give priority to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one development of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment type of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective Petroleum for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever Block is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drillingdesignated. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 5.8 Subject to Article 3130, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by committed during the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoeverPeriod (Phase- I) and Exploration Period (Phase-II), then each Company Member constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, Government its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against equivalent to Liquidated Damages as specified below: In US $ Onland (Excludin g CBM)* Shallow water Deep water Ultra Deepwater CBM Per well/Corehole (as applicable) 1,000,000 3,000,000 6,000,000 8,000,000 Corehole – 250,000 PilotAssessment Well – 650,000 Per ▇▇.▇▇. of 3DSeismic 5,000 1,500 1,500 1,500 N.A. Per line km. of2D Seismic 2,500 1,000 1,000 1,000 N.A. It is clarified that Liquidated Damages for Contract Areas in Frontier Areas shall be payable in accordance with this Article 5.8 depending on the Minimum Work Programme for category of Contract Area that it falls under, in the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified table in this Article 55.8 above. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 In addition to the Bid Work Programme Commitment in first Exploration Phase specified below in Article 5.2.1 and 5.3, the Contractor Shall be required to undertake and complete the 2D seismic – - API, in grid size of LKM 8 (eight) KM x LKM 8 (eight) KM covering the entire Contract Area ( herein after referred to as “ "Mandatory Work Programme”") during First first Exploration Phase. In case due to any reason intrinsic to the Contract Area reason(s), the Contractor is not able to cover any part of the Contract contract Area by 2D seismic survey of grid size specified in this Article, the Contractor shall submit a proposal for substitution of the short fall in the Mandatory Work Programme to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor contractor by giving a reasonable time, any relevant information/ details/data information / details / date to enable it to take toke a decision on the proposal. The Management Committee shall ensure that the substituted work programme shall be atleast at least equal to the shortfall in the Mandatory mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a (i) A seismic programme consisting of the acquisition, processing and interpretation of 250 (two hundred fifty) line kilometres kilometers of 2D and/or sq. kms. and 700 (seven humdred) sq kms of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drilling. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 Subject to Article 31, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoever, each Company constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against the Minimum Work Programme for the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified in this Article 5. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 During the currency of the Exploration Period (Phase-I), the Contractor shall complete the following Work Programme, which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-I): 5.3 In relation to Petroleum Operations other than CBM, at the expiry of the Exploration Period (Phase-I), the Contractor may proceed to the Exploration Period (Phase-II) by committing: (i) drilling of three Exploration Wellsat anytime during three (3) years of Exploration Period (Phase-II) in Contract Area in case of onland and shallow water blocks; or(ii) two Exploration ▇▇▇▇▇ (i.e. one Well in each two-year period of four (4) years) in Contract Area in case of Frontier Area, and Deepwater Areas;or (iii) one Exploration Well in four (4) years in the Contract Area in case of Ultra Deepwater Blocks, as the case may be;subject to submission of the requisite guarantees as provided for in Article 28. The depth of such Well(s) will be notified by the Contractor to the Management Committee at the time of exercising this option of entering into Exploration Period (Phase-II). 5.4 In relation to Petroleum Operations for CBM, the Contractor shall be required to undertake the following Work Programme for Exploration Period (Phase-II), which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-II): 5.5 In addition to the Bid Minimum Work Programme Commitment in first Exploration Phase Period (Phase-I) specified below in Article 5.2.1 and 5.35.2 above, the Contractor Shall shall, wherever applicable, be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering the entire Contract Area ( (herein after referred to as “ "Mandatory Work Programme”") during First Exploration Period (Phase-I). In case due to any reason intrinsic to Provided however that, in the Contract Area reason(s), event the Contractor is not able to cover any undertakes 3D seismic API in a part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor it shall submit a proposal for substitution of the short fall in be deemed to have discharged the Mandatory Work Programme in that part of the Contract Area and will not be required to undertake the mandatory 2D seismic API in that part of the Contract Area. 5.6 If the Contractor had purchased, before or after the award of a particular Block, 2D and/or 3D seismic data generated under a multi-client speculative survey model for that particular Block, then the same can be set off against the Mandatory Work Programme and/orMinimum Work Programmefor that Block. 5.7 The Contractor shall have the right to formulate an additional Work Programme, within the stipulated period as specified in Article 3, to cover Petroleum Operations for any type of hydrocarbon other than the type for which the Block was designated, and shall submit the same to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ details/data to enable it to take a decision on the proposal. The Management Committee shall ensure its information.Provided however that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation give priority to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one development of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment type of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective Petroleum for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever Block is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drillingdesignated. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 5.8 Subject to Article 3130, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by committed during the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoeverPeriod (Phase-I) and Exploration Period (Phase-II), then each Company Member constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, Government its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against equivalent to Liquidated Damages as specified below: In US $ Onland (Excludin g CBM)* Shallow water Deep water Ultra Deepwater CBM Per well/Corehole (as applicable) 1,000,000 3,000,000 6,000,000 8,000,000 Corehole – 250,000 Pilot Assessment Well – 650,000 Per ▇▇.▇▇. of 3DSeismic 5,000 1,500 1,500 1,500 N.A. Per line km. of2D Seismic 2,500 1,000 1,000 1,000 N.A. It is clarified that Liquidated Damages for Contract Areas in Frontier Areas shall be payable in accordance with this Article 5.8 depending on the Minimum Work Programme for category of Contract Area that it falls under, in the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified table in this Article 55.8 above. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 During the currency of the Exploration Period (Phase-I), the Contractor shall complete the following Work Programme, which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-I): 5.3 In relation to Petroleum Operations other than CBM, at the expiry of the Exploration Period (Phase-I), the Contractor may proceed to the Exploration Period (Phase-II) by committing: (i) drilling of three Exploration Wellsat anytime during three (3) years of Exploration Period (Phase-II) in Contract Area in case of onland and shallow water blocks; or(ii) two Exploration ▇▇▇▇▇ (i.e. one Well in each two-year period of four (4) years) in Contract Area in case of Frontier Area, and Deepwater Areas;or (iii) one Exploration Well in four (4) years in the Contract Area in case of Ultra Deepwater Blocks, as the case may be;subject to submission of the requisite guarantees as provided for in Article 28. The depth of such Well(s) will be notified by the Contractor to the Management Committee at the time of exercising this option of entering into Exploration Period (Phase-II). 5.4 In relation to Petroleum Operations for CBM, the Contractor shall be required to undertake the following Work Programme for Exploration Period (Phase-II), which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-II): 5.5 In addition to the Bid Minimum Work Programme Commitment in first Exploration Phase Period (Phase-I) specified below in Article 5.2.1 and 5.35.2 above, the Contractor Shall shall, wherever applicable, be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering the entire Contract Area ( (herein after referred to as “ "Mandatory Work Programme”") during First Exploration Period (Phase-I). In case due to any reason intrinsic to Provided however that, in the Contract Area reason(s), event the Contractor is not able to cover any undertakes 3D seismic API in a part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor it shall submit a proposal for substitution of the short fall in be deemed to have discharged the Mandatory Work Programme in that part of the Contract Area and will not be required to undertake the mandatory 2D seismic API in that part of the Contract Area. 5.6 If the Contractor had purchased, before or after the award of a particular Block, 2D and/or 3D seismic data generated under a multi-client speculative survey model for that particular Block, then the same can be set off against the Mandatory Work Programme and/orMinimum Work Programmefor that Block. 5.7 The Contractor shall have the right to formulate an additional Work Programme, within the stipulated period as specified in Article 3, to cover Petroleum Operations for any type of hydrocarbon other than the type for which the Block was designated, and shall submit the same to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ details/data to enable it to take a decision on the proposal. The Management Committee shall ensure its information.Provided however that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation give priority to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one development of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment type of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective Petroleum for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever Block is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drillingdesignated. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 5.8 Subject to Article 3130, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by committed during the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoeverPeriod (Phase- I) and Exploration Period (Phase-II), then each Company Member constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, Government its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against equivalent to Liquidated Damages as specified below: In US $ Onland (Excludin g CBM)* Shallow water Deep water Ultra Deepwater CBM Per well/Corehole (as applicable) 1,000,000 3,000,000 6,000,000 8,000,000 Corehole – 250,000 Pilot AssessmentWell – 650,000 Per ▇▇.▇▇. of 3DSeismic 5,000 1,500 1,500 1,500 N.A. Per line km. of2D Seismic 2,500 1,000 1,000 1,000 N.A. It is clarified that Liquidated Damages for Contract Areas in Frontier Areas shall be payable in accordance with this Article 5.8 depending on the Minimum Work Programme for category of Contract Area that it falls under, in the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified table in this Article 55.8 above. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.

Work Programme. 5.1 During the currency of the Initial Exploration Phase, the Contractor shall complete the Work Programme committed by it in its Bid, which shall constitute the Committed Work Programme committed for Initial Exploration Phase. At the expiry of the Initial Exploration Phase, the Contractor may proceed to the Subsequent Exploration Phase, subject to submission of the requisite guarantees as provided for in Article 27. During the currency of the Subsequent Exploration Phase, the Contractor shall complete the following Work Programme, which shall constitute the Subsequent Work Programme to be undertaken for Subsequent Exploration Phase. [Subsequent Work Programme from NIO to be inserted here] If the Contractor had obtained, before or after the award of a particular Block, 2D and/or 3D seismic data generated under a multi-client speculative survey model for that particular Block, then the same can be set off against the Committed Work Programme for that Block. The Contractor shall commence have the right to formulate an additional Work Programme, within the stipulated period as specified in Article 3, to cover Petroleum Operations not later than six (6) months from the Effective Date. 5.2 In in addition to the Bid Committed Work Programme Commitment and Subsequent Work Programme (as applicable), and shall submit the same to the Management Committee for its information. Provided however that the Contractor shall give priority to the undertaking the Committed Work Programme and Subsequent Work Programme. Subject to Article 29, in first the event that the Contractor fails to fulfill the said Committed Work Programme committed during the Initial Exploration Phase or the Subsequent Work Programme during Subsequent Exploration Phase, as the case may be, then each Member constituting the Contractor shall pay to the Government its Participating Interest share for an amount which shall be equivalent to Liquidated Damages as specified below in Appendix I: LD shall be payable for the quantum of Work programme that fall short of the Work programme as stated under Article 5.2.1 5.1 and 5.35.2. However, in case of Well(s) which have not been drilled to the depth specified in the Work Programme stated under article 5.1, the Contractor Shall be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering shall pay LD for the entire Contract Area ( herein after referred Well, irrespective of the meterage left to as “ Mandatory Work Programme”be drilled. The contractor is allowed to swap 2D Acquisition, Processing and Interpretation data and 3D Acquisition, Processing and Interpretation data. The contractor is obliged to notify the MC of such swapping along with the, technical and logistical merits. The basis of conversion will be 1sq Km of 3D would be equivalent to 10 Line Kilometer (Km) during First Exploration Phaseof 2D. However, the contractor cannot swap 2D to 3D or 3D to 2D if he has already committed for full area 3D or 2D respectively. In case of swapping of 2D and 3D Acquisition, Processing and Interpretation data, the LD will be levied as per work programmed originally committed. Subject to Article 5.7 below, in case due to G&G, technical/operational, logistics, environmental and any reason other constraints intrinsic to the Contract Area reason(s)Area, the Contractor is not able to cover any part of carry out the Contract Area by 2D seismic survey of grid size specified in this ArticleWork Programme stated under Article 5.1and 5.2, the Contractor shall submit a proposal for substitution of the short fall shortfall of the Work Programme, within the period stipulated in the Mandatory Work Programme Article 3, to the Management Committee Government (acting through DGH) for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable timeconsideration, any relevant information/ details/data to enable it to take a decision on the proposal. The Management Committee shall ensure that the substituted work programme which shall be atleast equal decided by the Government (acting through DGH) in accordance with the prevailing policy notified from time to the shortfall time in the Mandatory Work Programme when evaluated in terms of efforts and expenditurethis regard. In case Management Committee of blocks overlapping with special economic zone (SEZ), reserve forest, naval exercise areas, Defense research and development organization (DRDO), danger zones, national parks, Urban areas, firing ranges of police/armed forces etc., DGH is not able empowered to decide unanimously, the matter may be referred for approval exercise such powers of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data proportionate reduction in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drilling. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 Subject to Article 31, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Committed Work Programme or Minimum Subsequent Work Programme or both by the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoever, each Company constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against the Minimum Work Programme for the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified in this Article 5. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and BudgetProgramme, as the case may be, on the recommendations of MC as follows: If the contractor decides not to accept any reduction in area at any stage before the light petroleum mining lease (PML) is granted, the contractor would be permitted to exit from the contract without payment of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to Liquidated Damages as specified in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations 5.5. In such cases, the proposal for relinquishment shall be submitted within three months of the communication received by the contractor for such reduction. If the contractor continues exploration in the reduced area, then he will be allowed a proportional reduction in Committed Work Programme or Subsequent Work Programme, as the case may be, rounded off to the Management Committee nearest integer with a minimum number of one. PEL for review area not made available will be cancelled and advice future PEL fee for future years would be reduced proportionately in all cases in 5.7(b) above. In case the contractor does not exercise this option within three months but proposes to exit from the Contract later, an LD will be levied to the extent of unfinished Committed Work Programme or Subsequent Work programme, as provided the case may e, proportional to the reduced area. If delay due to lack of statutory and other clearances is beyond two years in Article 6.5any of the blocks, then the contractor will be given a choice to choose between (a) and (b) above. Work Programmes and Budgets related In such cases the application for such reduction /exiting should be made within three months of the expiry of the two year period from the date of application for clearance. The Petroleum Operations in relation to Development Operations and Production Operations and any modifications or revisions thereto CBM shall be submitted conducted in accordance with the provisions of Appendix H to the Management Committee for approval as provided in Article 10 and Article 21this Contract.

Work Programme. 5.1 The Contractor shall commence Petroleum Operations not later than six (6) months from the Effective Date. 5.2 During the currency of the Exploration Period (Phase-I), the Contractor shall complete the following Work Programme, which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-I): 5.3 In relation to Petroleum Operations other than CBM, at the expiry of the Exploration Period (Phase-I), the Contractor may proceed to the Exploration Period (Phase-II) by committing: (i) drilling of three Exploration Wellsat anytime during three (3) years of Exploration Period (Phase-II) in Contract Area in case of onland and shallow water blocks; or(ii) two Exploration ▇▇▇▇▇ (i.e. one Well in each two-year period of four (4) years) in Contract Area in case of Frontier Area, and Deepwater Areas;or (iii) one Exploration Well in four (4) years in the Contract Area in case of Ultra Deepwater Blocks, as the case may be;subject to submission of the requisite guarantees as provided for in Article 28. The depth of such Well(s) will be notified by the Contractor to the Management Committee at the time of exercising this option of entering into Exploration Period (Phase-II). 5.4 In relation to Petroleum Operations for CBM, the Contractor shall be required to undertake the following Work Programme for Exploration Period (Phase-II), which shall constitute the Minimum Work Programme committed for Exploration Period (Phase-II): 5.5 In addition to the Bid Minimum Work Programme Commitment in first Exploration Phase Period (Phase-I) specified below in Article 5.2.1 and 5.35.2 above, the Contractor Shall shall, wherever applicable, be required to undertake and complete the 2D seismic – API, in grid size of LKM x LKM covering the entire Contract Area ( (herein after referred to as “ "Mandatory Work Programme”") during First Exploration Period (Phase-I). In case due to any reason intrinsic to Provided however that, in the Contract Area reason(s), event the Contractor is not able to cover any undertakes 3D seismic API in a part of the Contract Area by 2D seismic survey of grid size specified in this Article, the Contractor it shall submit a proposal for substitution of the short fall in be deemed to have discharged the Mandatory Work Programme in that part of the Contract Area and will not be required to undertake the mandatory 2D seismic API in that part of the Contract Area. 5.6 If the Contractor had purchased, before or after the award of a particular Block, 2D and/or 3D seismic data generated under a multi-client speculative survey model for that particular Block, then the same can be set off against the Mandatory Work Programme and/orMinimum Work Programmefor that Block. 5.7 The Contractor shall have the right to formulate an additional Work Programme, within the stipulated period as specified in Article 3, to cover Petroleum Operations for any type of hydrocarbon other than the type for which the Block was designated, and shall submit the same to the Management Committee for approval. The Management Committee shall consider and take a reasoned unanimously decision on the proposal of the Contractor in a timely manner. The Management Committee may ask the Contractor by giving a reasonable time, any relevant information/ details/data to enable it to take a decision on the proposal. The Management Committee shall ensure its information.Provided however that the substituted work programme shall be atleast equal to the shortfall in the Mandatory Work Programme when evaluated in terms of efforts and expenditure. In case Management Committee is not able to decide unanimously, the matter may be referred for approval of the Government. In case no proposal is received from the Contractor for the substitution and fails to complete Mandatory Work Programme the provision of Article 5.6 shall apply. 5.2.1 During the currency of the first Exploration Phase, as per Article 3.2, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation give priority to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one development of the following depths : i) metres and (geological objective); ii) to Basement; and iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment type of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.3 During the currency of the second Exploration Phase, as per Article 3.3, the Contractor shall complete the following Work Programme: (a) a seismic programme consisting of the acquisition, processing and interpretation of line kilometres of 2D and/or sq. kms. of 3D seismic data in relation to the exploration objectives; and (b) Exploration ▇▇▇▇▇ shall be drilled to at least one of the following depths : (i) metres and (geological objective); (ii) to Basement; and (iii) that point below which further drilling becomes impracticable due to geological conditions encountered and drilling would be abandoned by a reasonable prudent operator in the same or similar circumstances. Abandonment of drilling under this provision by the Contractor, would require unanimous approval of the Management Committee. 5.4 The actual depth objective for each of the ▇▇▇▇▇ shall be determined by the Contractor in the light of the advice of the Management Committee before the commencement of the drilling. Each Well which reaches the geological objective Petroleum for which the depth objective was determined shall be deemed to have been drilled to the depth objective or to actual total depth, whichever Block is greater. The Contractor shall ensure that all relevant subsurface, geological, geochemical and geophysical information necessary for the attainment of the exploration objectives in accordance with modern oilfield and petroleum industry practices is obtained during exploratory drillingdesignated. 5.5 If the depth/geological objective of the Well is not achieved for any reason, a substitute Well shall be drilled of the same specifications as stipulated in and subject to Articles 5.2 & 5.3, as the case may be. 5.6 5.8 Subject to Article 3130, the Contractor undertakes to complete the Mandatory Work Programme and Minimum Work Programme in accordance with Articles 5.2, 5.2.1, 5.3 and 5.5, as the case may be. In the event that the Contractor fails to fulfill the said Mandatory Work Programme or Minimum Work Programme or both by committed during the end of the relevant Exploration Phase or early termination of the Contract by the Government for any reason whatsoeverPeriod (Phase-I) and Exploration Period (Phase-II), then each Company Member constituting the Contractor shall pay to the Government, within sixty (60) days following the end of the relevant Exploration Phase or early termination of the Contract, as may be the case, Government its Participating Interest share for an amount which, when evaluated in terms of the Mandatory Work programme or Minimum Work Programme specified for the relevant Phase, is equal to the amount which would be required to complete the said Mandatory Work Programme or Minimum Work Programme or both, as may be the case. For determination of this amount, available relevant information including the Budget and modern oilfield and petroleum industry practices may be taken into account. 5.7 If the Minimum Work Programme for the second Exploration Phase has been completed earlier than eighteen months from the end of the Phase, the Contractor shall meet with the Government to discuss the possibility of early relinquishment, unless the Contractor undertakes further work with the approval of the Management Committee. 5.8 In the event that the Contractor has carried out work in excess of the Minimum Work Programme in any Exploration Phase, the excess exploration work done shall be set off against equivalent to Liquidated Damages as specified below: In US $ Onland (Excludin g CBM)* Shallow water Deep water Ultra Deepwater CBM Per well/Corehole (as applicable) 1,000,000 3,000,000 6,000,000 8,000,000 Corehole –250,000Pilot AssessmentWell – 650,000 Per ▇▇.▇▇. of 3DSeismic 5,000 1,500 1,500 1,500 N.A. Per line km. of2D Seismic 2,500 1,000 1,000 1,000 N.A. It is clarified that Liquidated Damages for Contract Areas in Frontier Areas shall be payable in accordance with this Article 5.8 depending on the Minimum Work Programme for category of Contract Area that it falls under, in the following Exploration Phase. 5.9 As soon as possible after the Effective Date and thereafter within ninety (90) days before commencement of each following Year, the Contractor shall submit to the Management Committee the Work Programmes and the Budgets relating to Petroleum Operations to be carried out during the relevant Year. Work Programme and Budgets for the Exploration Period shall include work sufficient to meet the relevant Mandatory Work Programme and Minimum Work Programme with respect to each Exploration Phase specified table in this Article 55.8 above. 5.10 The Contractor may propose modifications or revisions to the details of a reviewed or an approved Work Programme and Budget, as the case may be, in the light of the then existing circumstances and shall submit to the Management Committee modifications or revisions to the Work Programme and Budget referred to in Article 5.9. 5.11 Work Programmes and Budgets and any modifications or revisions thereto relating to Exploration Operations shall be submitted to the Management Committee for review and advice as provided in Article 6.5. Work Programmes and Budgets related to Development Operations and Production Operations and any modifications or revisions thereto shall be submitted to the Management Committee for approval as provided in Article 10 and Article 21.