Related to Explorica

Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.
Oil and gas means petroleum, natural gas and other related hydrocarbons or minerals or any of them and all other substances produced or extracted in association therewith.
Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.
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;
Mining means the mining, extracting, producing, handling, milling or other processing of Products.

Explorica definition