Cessation of Drilling Sample Clauses

The Cessation of Drilling clause defines the conditions under which drilling operations must be suspended or terminated. Typically, this clause outlines specific triggers such as reaching a target depth, encountering unsafe conditions, or receiving instructions from regulatory authorities. By clearly specifying when and how drilling should stop, the clause helps manage operational risks and ensures compliance with safety and legal requirements.
Cessation of Drilling. In respect of Article 3.2.1(a) and to the extent practicable where a prudent operator would immediately cease drilling operations, the Contractor shall obtain the approval of the Ministry prior to the interruption or cessation of any drilling. The Ministry shall respond as soon as practicable and in any event within three (3) Business Days counted from the date of receipt of such request. The granting of such approval may not be unreasonably withheld or delayed, provided that the Ministry is in receipt of sufficient information to enable it to make an informed decision.
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Cessation of Drilling. Except in situations in which a prudent operator would immediately cease all drilling operations, the Contractor must obtain approval from the Minister in charge of Hydrocarbons before beginning, interrupting or ceasing all drilling. The Minister shall respond within seventy-two hours of this request. This authorisation may not be refused or delayed without justification, provided that the Minister has been provided the necessary information to allow him to make a decision with full knowledge of the case.
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Related to Cessation of Drilling

  • Cessation and Resumption of Work (i) At the time Employees cease work due to Inclement Weather the Employer or the Employer’s representative on site and the employee’s representative shall agree and note the time of cessation of work. (ii) After the period of Inclement Weather has clearly ended the Employees shall resume work and the time shall be similarly agreed and noted.

  • Cessation of services The delegation or assignment of CONTRACTOR’s services, operation or administration to another entity without the prior written consent of COUNTY.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Cessation A Person shall cease to be a General Partner upon the transfer of its entire interest in the Partnership or upon any event of withdrawal set forth in the Act. Upon the occurrence of any such event of withdrawal, such Person or its transferee shall have the right to receive distributions and allocations with respect to its Partnership interest, shall be treated as the transferee of a Limited Partner, and shall have the right to become a Substituted Limited Partner upon the unanimous written consent of the Limited Partners.

  • Cessation of Business Any Obligor suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business.