Exploratory Activities definition

Exploratory Activities means the acquisition, licensing and/or processing of geophysical data, the completion and submittal of required governmental forms and permits, the conduct of shallow hazards surveys and archeological surveys, the mobilization and demobilization of a drilling rig, the drilling, logging, temporarily or permanently abandoning of an Exploratory Well, the payment of rentals on non-producing leases and minimum royalties on producing Leases and the costs of acquiring and maintaining any leasehold interests pursuant to the provisions of this Agreement (including but not limited to the Area of Mutual Interest provisions hereof).
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Examples of Exploratory Activities in a sentence

  • If the proposal for implementation of exploratory activities additional to the Minimum Exploratory Program as a counterpart to the prolongation of the Exploration Phase is approved, the Contracted Party shall submit the corresponding financial guarantees, in the form set in Eleventh Clause - Financial Guarantee of Exploratory Activities.

  • Specifically, if any of these funds have not been expended or committed by February 1 of a given year, the principal of the building involved may request approval to utilize some or all of them for other co-curricular activities that would enhance the opportunities available to students in that building.) OHS Exploratory Activities 10% If funds are authorized, 10% will be available to support high school non-traditional extra- curricular activities.

  • OMS Exploratory Activities 10% If funds are authorized, 10% will be available to support middle school non-traditional extra-curricular activities.

  • Notwithstanding anything herein to the contrary, McMoRan will be allowed to take credit for allowable Exploratory Activities expenditures incurred between November 17, 1999 and the Execution Date on Leases subject to this Agreement.

  • The Continuous Exploratory Activities Provision Negotiating a Continuous Exploratory Activities Provision Example of What a Typical Relinquishment Provision Market Navigator: The case for 'stagdeflation' - Market Navigator: The case for 'stagdeflation' - ▇▇▇ ▇▇▇▇▇▇▇▇, Infrastructure Capital Advisors CEO, joins 'Power Lunch' to discuss stagflation.