Common use of Development and Production Area Clause in Contracts

Development and Production Area. The Director General shall notify Licensee of the State’s desire to utilize this option within ninety (90) days of the Date of Commercial Discovery.

Appears in 1 contract

Sources: Petroleum Licence Agreement

Development and Production Area. The Director General shall notify Licensee of the State’s desire to utilize this its option within ninety (90) days of the Date of Commercial Discovery.

Appears in 1 contract

Sources: Petroleum License