Contract Area definition

Contract Area means, on the Effective Date, the area described in Appendix-A and delineated on the map attached as Appendix B or any portion of the said area remaining after relinquishment or surrender from time to time pursuant to the terms of this Contract (including any additional area as provided under Article 11.3).

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Contract Area means the geographic maintenance area as negotiated between the Employer and the Province of BC.

Contract Area means the area that is the subject of a Petroleum Agreement and, if any part of a Contract Area is relinquished pursuant to a Petroleum Agreement, the Contract Area is the Contract Area as originally granted;

Examples of Contract Area in a sentence

• The Contractor may request, or CNH may require, with regard to the corresponding Development Plan, that the Measurement Point is located outside the Contract Area.

• The Parties agree that the purpose of the Abandonment Trust is to create a reserve to fund Abandonment activities in the Contract Area.

• If it is foreseen that the Measurement Point will be shared with different areas from those corresponding to the Contract Area, that are operated by third parties, the Contractors shall present, for the approval of CNH, a draft agreement for the share use of facilities in terms of Annex 13.

• The Contractor shall not be responsible for Preexisting Environmental Damages in the Contract Area that had not been reported in the Environmental Baseline study according with Article 14.4 and the Applicable Laws.

• In case that during the Petroleum Activities within the Contract Area, Sub- Products are obtained as part of the separation process of Hydrocarbons, the Contractor shall indicate in the corresponding Work Program the estimated volume of such Sub-Products and the methods in which they will be gathered, transported, stored, disposed, processed or marketed.

More Definitions of Contract Area

Contract Area means the area specified in Article 3 hereof and delineated on the map set out in Annex “A”, as modified and reconfigured from time to time in accordance with the stipulations of this Contract.

Contract Area means the surface area described in Annex 1, including the geological formations contained in the vertical projection of such surface to the depth indicated in Annex 1, in which the Contractor is authorized and obligated to conduct Petroleum Activities pursuant to this Contract, it being understood that: (i) this Contract does not grant the Contractor any real property rights to the Contract Area or to natural resources in its subsurface, and (ii) the Contract Area shall be reduced in accordance with the terms of this Contract.

Contract Area means that part of the Area allocated to the Contractor for Exploitation, defined by the coordinates listed in schedule 1 hereto.

Contract Area means that part of the Original Contract Area or any portion of the said area remaining after relinquishment or surrender from time to time pursuant to the terms of this Contract and shall include any additional area granted as per the provisions of Article-11.2, for which Contractor has valid License(s)/Lease(s) at any point during the currency of the Contract.

Contract Area means the area specified in Annexes A and B, but not any part of it which has been relinquished under Article 3; “Contract Year” means a period commencing on the Effective Date, or on any anniversary of it, and ending immediately before the next anniversary of it;

Contract Area means Block L27 the geographic area covered by this Contract, and described in Appendix "A" and any part thereof not previously surrendered;

Contract Area means all lands and oil and gas interests intended to be developed and operated for oil and gas purposes under this agreement. Such lands and oil and gas interests are described in Exhibit "A".