Common Contracts

1 similar Joint Operating Agreement contracts

JOINT OPERATING AGREEMENT
Joint Operating Agreement • April 24th, 2014

INDEX ARTICLE I: PREFACE AND GENERAL PROVISIONS 1 1.1 Preface 1 1.2 Reporting to Authorities 1 1.3 Change of Accounting Procedure 1 1.4 Currency 1 1.5 Definitions 1 1.6 Disagreements 2 1.7 Monetary Limits 2 1.8 Sole Risk 2 1.9 Separate Accounting 2 1.10 Adjustments 2 ARTICLE II: BUDGETS AND FORECASTS 3 2.1 Exploration and Appraisal Budgets 3 2.2 Development and Production Budgets 3 2.3 Budget Approval and Amendment 3

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