DISPOSAL OF PETROLEUM. 8.1 Without prejudice to the right of THE PRESIDENT to take and receive royalty in cash or in kind and subject to the right of the Operator to use Petroleum for Joint Operations, each Working Interest Owner shall own and have the right to take in kind and separately dispose of, its Working Interest share of Petroleum won and saved after payment of royalty, and shall own the Petroleum so taken.
DISPOSAL OF PETROLEUM. 11.1 The Working Interest Owners shall, subject to Article 10 and the Rules, be permitted to export their share of Petroleum or to dispose it of otherwise at any time or from time to time, the foreign Working Interest Owners shall use their good offices, to assist GHPL/PHC in disposing of its share of Petroleum produced hereunder at the best available prices; provided that in no event shall foreign Working Interest Owners be required to purchase or otherwise provide a market for the GHPL/PHC share of Petroleum produced hereunder. GHPL/PHC shall reimburse the foreign Working Interest Owners for all expenses incurred in rendering to GHPL/[PHC any such assistance on a no- profit no-loss basis.
DISPOSAL OF PETROLEUM. 11.1 Contractor hereby agrees to refrain from exporting Petroleum produced from the Contract Area to countries with which the Government for national security or policy reasons has officially restricted its international relationship.
DISPOSAL OF PETROLEUM. 11.1 The Working Interest Owners shall, subject to Article X and the Rules, be permitted to export their share of Petroleum or to dispose it of otherwise.
DISPOSAL OF PETROLEUM. 42 --- ---------------------
DISPOSAL OF PETROLEUM. 60 17. Confidentiality...........................................61 18. Public Announcements......................................63 19. Outgoings.................................................63 20. Covenant, Undertaking and Relationship....................64 21.
DISPOSAL OF PETROLEUM. Section 10.1 -Insert at the beginning of Section 10.1: The rights of the parties to dispose of Petroleum both before and after Payout shall be modified by the CXY Service Subcontract with respect to Petroleum produced from areas operated under the CXY Service Subcontract.
DISPOSAL OF PETROLEUM. If any default continues for more than six (6) Working Days after the date of notification by the Operator under clause 17.1 then, for so long as the default so continues, the Defaulting Participant shall not be entitled to take in kind and dispose of its Percentage Interest share of Petroleum which shall instead be taken in kind and disposed of on behalf of the Defaulting Participant by the Operator and the actual proceeds of such sale (after the deduction of any costs incurred by the Operator in respect of such sale) shall be applied as follows:
DISPOSAL OF PETROLEUM. Subject to clauses 15 and 17, in respect of the development of any Discovery:-
DISPOSAL OF PETROLEUM. 32 (i) 3
