SASB Project definition

SASB Project means all exploration, development, production and exploitation activities that were and will be performed under the terms of the Operating Agreement and at Exploration Licenses numbered AR/TPO-TOR-SET/3498-3505 in Petroleum District II Bolu.
Sample 1

Examples of SASB Project in a sentence

  • Statements made herein regarding Reserves, Prospective Resources, Resources, Net Present Value (NPV), Discovered petroleum initially - in- place, UPIIP, DPIIP for the SASB Project are generally derived from the two reports prepared by GLJ Ltd, an independent reserves estimator, the estimates of conventional natural gas reserves are from the December 31, 2021 year end reserve report and filed form NI 51- 101F1 and estimated prospective resources are from the October 31st , 2021 report .

  • Statements made herein regarding Reserves, Prospective Resources, Resources, Net Present Value (NPV), Discovered petroleum initially-in-place, UPIIP, DPIIP for the SASB Project are generally derived from the two reports prepared by GLJ Ltd, an independent reserves estimator, each having an effective date of October 31, 2021 (collective the “GLJ Report”) which estimated reserves and prospective resources on SASB.

  • Each Assignor has duly obtained all necessary permits in relation to the Joint Property and Joint Operations and the activities carried out within the scope of the SASB Project and/or the Operating Agreement in accordance with the Laws/Regulations.

  • In 2018, the Company was successful in negotiating a non-legal settlement, overturning the training cost obligation.The “training obligation” was imposed by GDPA in relation to SASB Project pursuant to former Turkish Petroleum Law no.

  • Article 2.1, the Assignor shall not be responsible for the acts or omissions of the Operator even though caused in whole or in part by a pre-existing defect, the negligence (whether sole, joint or concurrent), willful misconduct, strict liability or other legal fault of indemnity of the Operator during the operations to be performed in the SASB Project on and after the Effective Date.

  • Third, Petitioner understates the narrowness of Maryland’s demand futility exception.

  • The more gradual, consensual policy of democratic inclusion has therefore gained in legitimacy and credibility.

Related to SASB Project

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • New Project means (a) each facility or operating location which is either a new facility, location or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, location or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Pilot project means an innovative environmental project that covers one or more designated facilities, designed and implemented in the form of an EMSA. (See Section 52.3 of the Act.)

  • The Project means supply, installation, testing and commissioning, integration of computer hardware and services with support under Warranty and annual maintenance contract, if required for the contract period.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • The Works/Project means the works to be executed or done under this contract.

  • Development Project means a project for the development of land within a

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Condominium Project Real estate including the separate ownership in fee, or on a satisfactory leasehold estate, of a particular residential unit with an indivisible interest in the real estate designated for common ownership strictly by unit owners.

  • The Project Site, where applicable, means the place or places named in the SCC.

  • Existing Project is a Project that has achieved Commercial Operation on or prior to the Execution Date.

  • Infrastructure project means any construction or acquisition of treatment works,

  • Redevelopment project means a specific construction project

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Infrastructure Improvements means a street, road, sidewalk, parking facility, pedestrian mall, alley, bridge, sewer, sewage treatment plant, property designed to reduce, eliminate, or prevent the spread of identified soil or groundwater contamination, drainage system, waterway, waterline, water storage facility, rail line, utility line or pipeline, transit-oriented development, transit-oriented property, or other similar or related structure or improvement, together with necessary easements for the structure or improvement, owned or used by a public agency or functionally connected to similar or supporting property owned or used by a public agency, or designed and dedicated to use by, for the benefit of, or for the protection of the health, welfare, or safety of the public generally, whether or not used by a single business entity, provided that any road, street, or bridge shall be continuously open to public access and that other property shall be located in public easements or rights-of-way and sized to accommodate reasonably foreseeable development of eligible property in adjoining areas. Infrastructure improvements also include 1 or more of the following whether publicly or privately owned or operated or located on public or private property:

  • Redevelopment Project Area means an area designated by the municipality, which is not less in the aggregate than 1 1/2 acres and in respect to which the municipality has made a finding that there exist conditions which cause the area to be classified as an industrial park conservation area or a blighted area or a conservation area, or a combination of both blighted areas and conservation areas.

  • Approved Project means the Scheme application of the Applicant approved by the CIC.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Project Improvements means site improvements and facilities that are:

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.