Exploration Plan definition

Exploration Plan means a schedule the Surface Reconnaissance and Exploration, Exploration and Appraisal activities to be conducted within the Contract Area, which shall comply at least with the Minimum Work Program and the Minimum Program Increase.

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Exploration Plan. Means a program that specifies the activities of Recognition and Surface Exploration, Exploration and Evaluation to be carried out in the Contract Area, which must comply, at least, with the Minimum Work Program.

Exploration Plan means the plan to be submitted by Contractor pursuant to Article 11 and approved by ROC or its designee pursuant to Article 12.

Examples of Exploration Plan in a sentence

• Once the authorization for drilling any Well is received, the Contractor will be obligated to comply with the terms and conditions of the authorization and the required technical specifications in the Exploration Plan or Development Plan, unless there are Obstacles to the Continuation of Drilling.

• In case that the Contractor presents the Exploration Plan for the approval of CNH after the deadline without just cause, the Contractor shall pay to the Fund as liquidated damages [ ] Dollars per Day during the entire delay period.

• If deemed necessary, the Contractor may submit modifications to the Exploration Plan for the approval of CNH.

• The Contractor may continue its activities within the Contract Area, which shall be considered in the Exploration Plan and in the Development Plans approved by CNH.

• The Exploration Plan shall contemplate at least the performance of all of the activities provided for the Exploration Period and shall include the Management System.

More Definitions of Exploration Plan

Exploration Plan. The meaning set forth in Section 4.1.1.

Exploration Plan means a schedule approved by CNH specifying the Surface Reconnaissance and Exploration, Exploration and Appraisal activities to be conducted within the Contract Area, which shall comply with the Minimum Work Program at a minimum.

Exploration Plan means the documentary report, prepared by an Operator pursuant to a Contract, specifying activities related to exploration of Oil and Gas resources, which an Operator plans to conduct under a Contract or License. The Plan may include geological, geophysical, seismic, aerial and other surveys and the drilling of shot holes, core holes, stratigraphic tests and Exploratory Wells as contained in the annual work program and budget prepared by the Operator under a Contract.

Exploration Plan as described in Article XII “EXPLORATION PLAN” and Appendix “C” means a plan of activity proposed by the Lessee for the purpose of conducting approved operations to explore, test, or prospect for minerals covered by this Lease.

Exploration Plan means the set of objectives and strategic goals for mineral exploration that includes operational and management plans for technical optimisation, health and safety, environmental and social protection, and financial expenditures;

Exploration Plan means a de­ tailed plan submitted to the Mining Su­ pervisor, after consultation with the au­ thorized officer or other surface manage­ ment agency, for approval before ex­ ploration operations commence showing the location and type of exploration work to be conducted, environmental protec­ tion procedures, present and proposed roads, as well as reclamation and aban­ donment procedures to be followed upon completion of such operations.

Exploration Plan means the detailed exploration plan for the Property, as agreed upon between the Optionee and the Optionors, which the Optionee will pursue on a best efforts basis, as further detailed in the attached Schedule “B”;