Exploration Permits definition

Exploration Permits means the Exploration Permits granted to KOSMOS and ONHYM pursuant to the Hydrocarbon Code and this Agreement in the Area of Interest;
Exploration Permits means the Exploration Permits referred to in Article 3 granted to the Parties pursuant to the Hydrocarbon Code and this Agreement in the Area of Interest.
Exploration Permits means the Exploration Permits in the Area of Interest granted toPETCO and ONHYM pursuant to the Hydrocarbon Code and the Petroleum Agreement;

Examples of Exploration Permits in a sentence

They are defined in Section 4.Mineral exploration activities are authorised by Exploration Permits and Mineral Development Licences issued under the Mineral Resources Act 1989.

The Adrar Emoles 3 and 4 Exploration Permits were renewed until January 17, 2016 and required further exploration expenditures amounting to US$7,005,900 and US$4,087,300, respectively.

Mineral exploration activities are authorised by Exploration Permits and Mineral Development Licences issued under the Mineral Resources Act 1989.

Oriental Hornet Vespa orientalis Linnaeus, 1771 found in Mexico (Hymenoptera, Vespidae, Vespinae).

As part of these agreements, the Company entered into Exploration Permits requiring it to spend US$2,762,100 per Permit over the three-year period beginning February 8, 2008.

On August 16, 2010, as a result of Force Majeure circumstances, the initial three-year period was extended to November 16, 2012.On January 18, 2013, the Niger Ministry of Mines approved the Company’s renewal of all four Exploration Permits, subject to the relinquishment of 50% of the surface area as per the requirements of the Niger Mining Code.

In November 2011, the Exploration Permits relating to Adrar Emoles were further extended to December 7, 2012.

By an agreement dated November 15, 2001, the Company acquired the right to participate in the Fox River Project by investing in, and becoming a general partner of, a limited partnership which held an option to acquire property interests comprising four Special Exploration Permits located near Thompson, Manitoba.

Under the terms of the agreements, the Company will participate in the drilling of a minimum of nine exploration wells on Petroleum Exploration Permits (“PEP”) 54876, 54877 and 54879.

Information source: BM&F (Bolsa de Mercadorias e Futuros), report from 6 July 2021.The net effect was obtained by assuming a six-month period ending 30 June 2021 in which interest rates vary and all other variables are held constant.


More Definitions of Exploration Permits

Exploration Permits means the rights ruled by applicable laws and regulations pursuant to which the Companies (except for PVIE) are entitled to explore, drill, perform seismic works and any other works in order to discover Hydrocarbons specified in Annex 3.15(a).
Exploration Permits means the rights regulated by the applicable laws and regulations by virtue of which the Companies (except for PVIE) are entitled to explore, drill, carry out seismic works, and any other works to discover the Hydrocarbons set forth in Annex 3.15(a).
Exploration Permits means all rights to conduct Exploration for Minerals within the Cooperation Area and other such rights granted by the Permit Issuing Authority.

Related to Exploration Permits

Planning Permission means any permission, consent or approval given under the Planning Acts;
Title V Permit means an operating permit under Title V of the Act.
Development Permit means a document authorizing a development issued pursuant to this Land Use Bylaw;
Generation Licence means a licence granted under Section14(1)(a) of the Act;