Common use of Discovery and Appraisal Clause in Contracts

Discovery and Appraisal. (a) In case of a Discovery, the Contractor shall comply with the rules and procedures for Discovery, Appraisal and, if applicable, declaration of Commercial Discovery as stipulated in the Applicable Law on onshore Petroleum Operations.

Appears in 2 contracts

Sources: Production Sharing Contract, Production Sharing Contract

Discovery and Appraisal. (a) In case of a Discovery, the Contractor shall comply with the rules and procedures for Discovery, Appraisal and, if applicable, declaration of Commercial Discovery as stipulated in the Applicable Law on onshore Petroleum OperationsAct.

Appears in 2 contracts

Sources: Offshore Production Sharing Contract, Production Sharing Contract