Cost Statement. 31.16.1 Licensee shall prepare with respect to each Quarter, a Cost Statement containing the following information: a) Total Petroleum Costs in previous Quarters, if any; b) Petroleum Costs for the Quarter in question; c) Total Petroleum Costs as of the end of the Quarter in question (subsection 31.16.1 31.16.2 The Cost Statement of each Quarter shall be submitted to the Director General no later than forty-five (45) days after the end of such Quarter.
Appears in 2 contracts
Sources: Petroleum Licence Agreement, Petroleum Licence Agreement
Cost Statement. 31.16.1 7.1 Licensee shall prepare with respect to each Quarter, a Cost Statement containing the following information:
a) Total Petroleum Costs in previous Quarters, if any;
b) Petroleum Costs for the Quarter in question;
c) Total Petroleum Costs as of the end of the Quarter in question (subsection 31.16.1subsection
31.16.2 7.2 The Cost Statement of each Quarter shall be submitted to the Director General no later than forty-five (45) days after the end of such Quarter.
Appears in 1 contract
Sources: Petroleum License