Exploration Work Program definition

Exploration Work Program means, with respect to Exploration to be conducted pursuant to an Exploration License issued pursuant to this Agreement, the work program approved by the Government pursuant to the Exploration Regulations.
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Exploration Work Program means a document which presents the plan of exploration operations and the corresponding expenditures prepared by Coastal in its Contract Area during a given period of time as submitted and approved in accordance with the implementing rules and regulations of the Act.
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Exploration Work Program means a Work Program for Exploration Operations. Field means a zone within the surface of the Earth consisting of a single Petroleum reservoir or multiple Petroleum reservoirs all grouped on, or related to, the same individual geological structural feature, or stratigraphic conditions from which Petroleum may be produced commercially and the area above that zone on the surface of the Earth. General and Administrative Costs has the meaning given to it in Article 16.5.
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Examples of Exploration Work Program in a sentence

  • Thereafter, no later than 1 October in each Calendar Year, the CONTRACTOR shall submit a proposed Exploration Work Program and Budget to the Management Committee for the following Calendar Year.

  • Nevertheless, during the exploration period, the Annual Exploration Work Program and the corresponding Budget prepared by the Contractor after the meeting indicated above shall be considered to be approved insofar as they satisfy the obligations established in article 4.

  • The estimated cost of such Minimum Exploration Work Program is four million US Dollars (US $4,000,000).

  • The Exploration Work Program and Budget shall be reviewed by a joint committee to be established by the DEPARTMENT and the CONTRACTOR within 15 day after the Effective Date.

  • The Exploration Work Program and Budget for further Exploration operations in any portion of the Area not converted into a Development Lease shall be reviewed, approved and implemented in accordance with Article IV.

  • During the first phase, THE CONTRACTOR shall submit the Exploration Work Program within a period of thirty (30) Calendar Days counted as of the Effective Date.

  • Following review by the Exploration Advisory Committee, the CONTRACTOR shall make such revisions as it thinks appropriate and submit the Exploration Work Program and Budget to the DEPARTMENT for its approval to be given within [REDACTED - SENSITIVE BUSINESS INFORMATION].

  • Following review by the Exploration Advisory Committee, CONTRACTOR shall make such revisions and submit the Exploration Work Program and Budget to EGAS for its approval.

  • The Exploration Advisory Committee shall review and give such advice as it deems appropriate with respect to the proposed Exploration Work Program and Budget.

  • Article 4.2.6, it is understood and expressly agreed, that it is the performance of the Minimum Exploration Work Program and not the expenditures associated with the estimated cost thereof which shall determine KOSMOS’s compliance with this Agreement.


More Definitions of Exploration Work Program

Exploration Work Program means the range of venture exploration activities carried out by the Joint Venture Company for prospecting operation as provided for in Article 7.1 during the Exploration Phase.
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Related to Exploration Work Program

  • Work Program means a program of work reasonably acceptable to both parties in respect of a particular Property, contained in a written document setting out in reasonable detail; (i) An outline of the Mining Operations proposed to be undertaken and conducted on the Property, specifically stating the period of time during which the work contemplated by the proposed program is to be done and performed; (ii) The estimated cost of such Mining Operations including a proposed budget providing for estimated monthly cash requirements in advance and giving reasonable details; and (iii) The identity and credentials of the person or persons undertaking the Mining Operations so proposed if not the Optionor, reasonably acceptable to both parties hereto.

  • Work Programme means the document adopted by the Commission for the implementation of the specific programme28 in accordance with its Article 12 or the equivalent document in content and structure adopted by a funding body.

  • Exploration Operations means any operations carried out for or in connection with the exploration for minerals, and includes -

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.