Work Programs. The Contractor shall submit to CNH for approval annual Work Programs for each of the Petroleum Activities including Abandonment. CNH will decide on the proposed Work Program in a period not to exceed thirty (30) Days following its receipt of the necessary information The Work Programs shall contain a detailed list of the individual activities it plans to conduct and the estimated time for each of such activities. During the Exploration Period, the Work Programs shall comply with the Minimum Work Program, Minimum Program Increase and the Exploration Plan, and during any Development Period, the Work Programs shall comply with the relevant Development Plan. All Work Programs shall comply with Industry Best Practices, the Applicable Laws, the Management System and the other terms and conditions under this Contract. The approval of the first Work Program for the Exploration Period or Development Period will be granted simultaneously with the approval of the Exploration Plan or the Development Plan as corresponds, in accordance with Article 4.1 and 6.2. CNH may deny approval of the Work Program if the Contractor. (i) does not comply with the Minimum Work Program, the Minimum Program Increase, or the additional commitments made for the Additional Exploration Period, as applicable; (ii) the Work Program submitted during the Development Period modify the Development Plan or the Exploration Plan approved, or (iii) the Work Program does not comply with Industry Best Practices.
Appears in 2 contracts
Sources: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp), Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)
Work Programs. The Contractor shall submit to CNH for approval annual Work Programs for each of the Petroleum Activities including Abandonment. CNH will decide on the proposed Work Program in a period not to exceed thirty (30) Days following its receipt of the necessary information The Work Programs shall contain a detailed list of the individual activities it plans to conduct and the estimated time for each of such activities. During the Exploration Period, the Work Programs shall comply with the Minimum Work Program, Minimum Program Increase and the Exploration Plan, and during any Development Period, the Work Programs shall comply with the relevant Development Plan. All Work Programs shall comply with Industry Best Practices, the Applicable Laws, the Management System and the other terms and conditions under of this Contract. The approval of the first Work Program for the Exploration Period or Development Period will be granted simultaneously with the approval of the Exploration Plan or the Development Plan as corresponds, in accordance with Article 4.1 and 6.2. CNH may deny approval of the Work Program if the Contractor. (i) does not comply with the Minimum Work Program, the Minimum Program Increase, or the additional commitments made for the Additional Exploration Appraisal Period, as applicable; (ii) the Work Program submitted during the Development Period modify modifies the Development Plan or the Exploration Plan approvedPlan, or and (iii) the Work Program does not comply with Industry Best Practices.
Appears in 2 contracts
Sources: Contract for the Exploration and Extraction of Hydrocarbons, Contract for the Exploration and Extraction of Hydrocarbons
Work Programs. The Contractor shall submit to CNH for approval annual Work Programs for each of the Petroleum Activities including Abandonment. CNH will decide on the proposed Work Program in a period not to exceed thirty (30) Days following its receipt of the necessary information information. The Work Programs shall contain a detailed list of the individual activities it plans to conduct and the estimated time for each of such activities. During the Exploration Period, the Work Programs shall comply with the Minimum Work Program, Minimum Program Increase and the Exploration Plan, and during any Development Period, the Work Programs shall comply with the relevant Development Plan. All Work Programs shall comply with Industry Best Practices, the Applicable Laws, the Management System and the other terms and conditions under this Contract. The approval of the first Work Program for the Exploration Period or Development Period will be granted simultaneously with the approval of the Exploration Plan or the Development Plan as corresponds, in accordance with Article 4.1 and 6.2. CNH may deny approval of the Work Program if the Contractor. (i) does not comply with the Minimum Work Program, the Minimum Program Increase, or the additional commitments made for the Additional Exploration Period, as applicable; (ii) the Work Program submitted during the Development Period modify the Development Plan or the Exploration Plan approved, or (iii) the Work Program does not comply with Industry Best Practices.
Appears in 1 contract
Sources: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)