PPL 238 definition

PPL 238 means Petroleum Prospecting Licence 238 granted under the Oil and Gas Act.
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PPL 238 means Petroleum Prospecting Licence 238 granted under the Oil and Gas Act; “Regulation” means the Oil and Gas Regulation 2002 (No. 10 of 2002), PNG; “State” means the Independent State of Papua New Guinea; “Subsequent Work Program” is defined in clause 7;
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Examples of PPL 238 in a sentence

  • Under the IPI agreement, InterOil is responsible for drilling eight exploration wells, four of which will be in PPL 238, one in PPL 236, and one in PPL 237.

  • Under the IPI agreement, InterOil is responsible for drilling the eight wells, four of which will be in PPL 238, one in PPL 236, and one in PPL 237.

  • Under the indirect participation interest, InterOil is responsible for drilling the eight wells, four of which will be in PPL 238, one in PPL 236, and one in PPL 237.

  • Under the IPI agreement, InterOil is responsible for drilling the eight exploration wells, four of which will be in PPL 238, one in PPL 236, and one in PPL 237.

  • In exchange InterOil had provided the investors with a 25% interest in an eight well drilling program to be conducted in InterOil’s PPL 236, 237 and 238.Under the IPI agreement, InterOil is responsible for drilling eight exploration wells, four of which will be in PPL 238, one in PPL 236, and one in PPL 237.

  • Exploration Results Two stratigraphic wells drilled by InterOil, Subu-1 and Subu-2 in PPL 238 have cored over 488 metres (1,600 feet) with 375 metres (1,230 feet) of good reservoir quality Pale Sandstone.

  • On October 16, 2013, the Company applied to the Department of Petroleum and Energy in Papua New Guinea for new licenses over PPL 236, PPL 237 and PPL 238, which were due to expire on March 6 (PPL 238) and March 27, 2014 (PPLs 236 and 237).

  • This report has been prepared to report on the exploration drilling that is to be undertaken in respect of InterOil's Moose prospect within the PPL 238 property in Papua New Guinea.

  • RobSearch is satisfied that the work carried out to date within PPL 238 has been well designed and that the results justify further exploration of the licence.

  • Subsequent to year end, on March 28, 2014 we spudded Raptor-1 well in PPL 475.We had a remaining commitment on PPL 238 of $28.3 million as at December 31, 2013, and were required to acquire, process and interpret 100km of new two-dimensional seismic data, drill a well before the license expires.

Related to PPL 238

  • SD means current City of Winnipeg Standard Construction Detail;

  • Flashpoint means the minimum temperature at which a liquid gives off a vapor in sufficient concentration to ignite when tested as follows:

  • RTGS means real-time gross settlement;

  • DP means Delivery Period

  • Cord means the strands forming the fabric of the plies in the pneumatic-tyre.

  • GFR means General Financial Rules

  • SADC means the Southern African Development Community;

  • COVID-19 means SARS-CoV-2 or COVID-19, and any evolutions or mutations thereof or related or associated epidemics, pandemic or disease outbreaks.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • RT means Re-Tender.

  • NFT means any blockchain-tracked, non-fungible token.

  • BOQ means Bill of Quantity or the Price Schedule in which rates for the e-tender should be quoted and uploaded online on the e-tender website.

  • SCD means current City of Winnipeg Parks Planning Standard Construction Detail Drawings.

  • MC means Measurement Canada, an Agency of Industry Canada.

  • ICAV means an Irish collective asset-management vehicle registered pursuant to the Act. References to “the ICAV” shall be to the ICAV to which this Instrument relates.

  • TLR means the NERC Transmission Loading Relief Procedures used in the Eastern Interconnection as specified in NERC Operating Policies.

  • NSDL means the National Securities Depository Ltd.

  • Energy storage system means a system which stores energy and releases it in the same form as was input.

  • LSD means lysergic acid diethylamide.