Adjoining Blocks definition
Examples of Adjoining Blocks in a sentence
The apportionment of Profit Oil Revenues from the Contract Area shall be 75% to TPDC and 25% to PanAfrican Tanzania if production is derived from the Discovery Blocks, and 70% to TPDC and 30% to PanAfrican Tanzania if production is derived from the Adjoining Blocks.
PanAfrican Tanzania’s rights to produce, market and sell Additional Gas or other Petroleum from the Adjoining Blocks under the Development Licence shall be for the periods described in Section 5.2 and Section 5.3, and PanAfrican Tanzania shall, during such periods, carry out the work specified in Sections 5.2 and 5.3.