Common use of Exploration Activities Clause in Contracts

Exploration Activities. In case that during the Petroleum Activities, the Contractor determines the possibility to achieve a Discovery outside the appraised areas, the Contractor may submit a request to CNH in order to carry out Exploration activities in accordance with the terms of this Contract.

Appears in 1 contract

Sources: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality

Exploration Activities. In case that during the Petroleum Activities, the Contractor determines the possibility to achieve a Discovery outside the appraised areas, the Contractor may submit a request to CNH in order to carry out Exploration activities in accordance with the terms of this Contract.. forth below:β€Œ

Appears in 1 contract

Sources: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality