Common use of Proposed Clause in Contracts

Proposed. revisions to the details of a Development Plan or an annual Work Programme or Budget in respect of Development and Production Operations shall, for good cause and if the circumstances so justify, be submitted for approval to the Management Committee.

Proposed. revisions to the details of a Development Plan or an annual Work Programme or Budget budget in respect of Development and Production Operations shall, for good cause and if the circumstances so justify, be submitted for approval to the Management CommitteeCommittee for approval, through the Operating Committee provided that revisions shall not be made so as to extend a designated Field or a Development Area or to substantively change any aspect of the Development Plan.