Exploration Plan Sample Clauses

Exploration Plan. The Exploration Plan shall contemplate all exploration activities to be developed in the Contract Area during its effectiveness and shall mandatorily consider the Minimum Exploration Program and compliance with the Local Content. The Exploration Plan and its reviews shall be defined by the Operating Committee and submitted to ANP pursuant to Annex VI of the Applicable Laws and Regulations. The Consortium Members shall have a one hundred and twenty (120)-day period, as of the date of creation of the Operating Committee, to forward the Exploration Plan to ANP. ANP shall have a sixty (60)-day period as of receipt of the Exploration Plan to approve it or to request modifications to the Consortium Members. The Consortium Members shall submit the modified Exploration Plan within a sixty (60)-day period as of such request, repeating the procedure established in paragraph 10.6. During the period of analysis and approval of the Exploration Plan, the development of Exploration activities already initiated may be interrupted, if reasonably required by ANP. After the Exploration Plan is completed and until the end of the term established for ending the Exploration Phase, the Consortium Members may retain areas for Discovery Assessment or Development upon notice in writing to ANP, and, in this event, all other areas shall be immediately relinquished to ANP. In case there are no Discoveries that justify the investments in the Discovery Assessment, the Consortium Members shall relinquish the entire Contract Area.

Exploration Plan. Within one hundred and eighty (180) Days following the Effective Date, the Contractor shall submit the Exploration Plan to the CNH for its approval. The Exploration Plan shall contemplate at least the performance of all of the activities provided for the Exploration Period and shall include the Management System. The CNH will grant or deny its approval of the proposed Exploration Plan within a period not to exceed one hundred and twenty (120) Days following the receipt of the necessary information pursuant to the Applicable Laws. In the event that the CNH does not issue a decision during the provided period, it will be deemed to have made a favorable decision. Without prejudice of its ability to approve the Exploration Plan within the period indicated in this Article 4.1, the CNH may issue observations regarding such Exploration Plan, when it: (i) has not been drafted as provided by the Industry Best Practices regarding the evaluation of the Hydrocarbons potential, including environmental, industrial security and health in work standards, or (ii) does not foresee the addition of Reserves nor the delimitation of the corresponding Exploration area within the Contract Area. The Contractor must provide the operative solutions and the corresponding adjustments to the Exploration Plan with respect to the observations made by the CNH. The CNH and the Contractor may hold hearings or attendances in order to resolve in good faith any technical difference that may exist regarding to the observations of the Exploration Plan, in accordance with the Industry Best Practices and the Applicable Laws.

Exploration Plan a. No exploration activity shall take place on leased premises without an exploration plan developed by Lessee and approved by Lessor. b. If the surface rights are not owned by the Department, the Department shall notify the surface owner and provide an opportunity to review and comment on the plan prior to its approval. c. Prior to commencement of exploration and annually thereafter on the lease anniversary, the Lessee shall submit to the Lessor for approval a plan outlining Lessee’s proposed exploration activities on the leased premises during the ensuing year and exploration conducted to date, if any. d. The exploration plan shall contain the following: (1) a description of proposed exploration activities and locations of sites where such exploration activities and locations of sites where such exploration activities were, or are proposed to be, conducted; and (2) locations and depths of any known existing exploration holes, trenches, pits, dikes and water level control structures; and (3) locations of roads which were, or are proposed to be, constructed to carry forth exploration activities; and (4) evidence that all necessary permits and licenses required by Federal, State and Local units of government have been obtained. ▇. ▇▇▇▇▇▇ shall approve or reject the plan, for reasons stated, within ninety (90) days of receipt of a complete exploration plan from Lessee. If Lessor rejects this plan, Lessee may resubmit a plan(s) without prejudice. f. Any change proposed in the approved plan shall be prepared and submitted as a modified plan in accordance with section I(1) above. Any such changes shall not be commenced until Lessor has reviewed and approved such modified plan. g. Upon the conclusion of exploration activities at a site, Lessee shall leave the site in a condition satisfactory to the Lessor. Lessor may require Lessee to barricade entrances to any roadways, drill sites, clearings and/or excavations on surrendered leased premises to recontour and/or reseed these areas, or to leave these areas as constructed.

Exploration Plan document containing the description and the physical and financial planning of all exploration activities to be developed in the Contract Area during the Exploration Phase, which should mandatorily contemplate the Minimum Exploration Program.

Exploration Plan. In up to sixty (60) days of the date of creation of the Operating Committee, the Operator shall submit to the other Consortium Members the proposed Exploration Plan. In up to thirty (30) days as of the date of submission of the proposal, the Operating Committee shall analyze and resolve upon the Exploration Plan. In case the Exploration Plan is established by the Operating Committee, the Operator shall take the measures necessary for submitting it to ANP for analysis and approval. In case ANP requires changes in the Exploration Plan, the matter shall be submitted again to the Operating Committee for further analysis, following the procedures and deadlines established in the preceding paragraphs Any Discovery in the Contract Area shall be formally notified by the Operator to the other Consortium Members and to ANP within no more than seventy-two (72) hours. The notice shall be followed by all relevant data and information available.

Exploration Plan. 10.1. Within one hundred and twenty (120) Days following the Effective Date, the Contractor shall submit an Exploration Plan to the Minister for its approval. The Exploration Plan shall contemplate at least, the performance of all of the activities provided for in the Minimum Work Program and set out the Petroleum Operations and estimated expenditure that Contractor proposes to undertake out during the term of the Prospecting Licence. 10.2. The Exploration Plan shall contain a detailed description of Exploration Operations the Contractor plans to undertake including but not limited to: (a) Description, objectives, and schedule. A description of the activities, objectives, and tentative schedule (from start to completion) of the exploration activities that Contractor proposes to undertake including geological and geophysical surveys, studies and interpretation, exploration drilling, well test flaring, installing of well protection structures, temporary well abandonment etc.;

Exploration Plan. The lessee shall not commence any exploration, except casual use, on the leased lands without an approved exploration plan. Exploration plans for leased lands covered by an approved mining permit shall be submitted to the Regional Director of the Office of Surface Mining in accordance with the regulations in 30 CFR Chapter VII. Exploration plans for leased lands not covered by an approved mining permit shall be submitted to the District Mining Supervisor in accordance with the regulations in 30 CFR 211.

Exploration Plan. The CONTRACTOR agrees to present ▇▇▇ the Exploration Plan for the phase about to begin, describing how it will fulfill its obligations, including the terms and conditions under which it will develop the programs to benefit the communities in the area affected by the exploration work, with no less than eight (8) calendar days in advance with respect to the beginning of each phase of the Exploration Period. For the first phase, THE CONTRACTOR must provide the Exploration Plan within a period of thirty (30) calendar days starting on the Effective Date.

Exploration Plan. In up to 60 (sixty) days after the date of establishment of the Operational Committee, the Operator shall deliver the proposed Exploration Plan to the other Consortium Members. In up to 30 (thirty) days after the date of submission of the proposal, the Operational Committee should examine and decide on the Exploration Plan. If the Exploration Plan is defined by the Operational Committee, the Operator must take the necessary measures to submit it for review and approval of ANP. If ANP requires changes to the Exploration Plan, the matter should be again submitted to the Operational Committee for further examination, following the procedures and deadlines set out in the preceding paragraphs. Any Discovery in the Contract Area must be formally notified by the Operator to the Consortium Members and ANP within a maximum deadline of seventy-two (72) hours. The notification must be accompanied by all relevant data and information available. If the Operational Committee deems a Discovery deserves to be evaluated, the Operator, within 60 (sixty) days shall submit to the other Consortium Members a detailed Discovery Evaluation Plan proposal. Within 30 (thirty) days after the submission of this proposal, the Operational Committee should meet to discuss and decide on the Discovery Evaluation Plan proposed. If the Evaluation Plan is defined by the Operational Committee, the Operator must take the necessary measures to submit it for review and approval of ANP. If ANP requires changes to the Evaluation Plan, the matter should be again submitted to the Operational Committee for further examination, following the procedures and deadlines set out in the preceding paragraphs.