Common use of Drilling Requirements Clause in Contracts

Drilling Requirements. No Exploration Well drilled by PanAfrican Tanzania shall be treated as discharging any obligation of PanAfrican Tanzania to drill Exploration ▇▇▇▇▇ hereunder unless it has been drilled to fully penetrate the Neocomian sands.

Appears in 2 contracts

Sources: Production Sharing Agreement, Production Sharing Agreement