EXPLORATION WORK PROGRAMME. 4.1 Licensee shall commence Exploration Operations in the Contract Area within two (2) Calendar Months of the Effective Date. 4.2 In discharge of its obligation to carry out Exploration Operations in the Contract Area, Licensee shall, in accordance with the provisions of this Article, carry out the following minimum work programmes and shall expend not less than the corresponding sums specified.
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Sources: Production Sharing Agreement
EXPLORATION WORK PROGRAMME. 4.1 Licensee shall commence Exploration Operations in the Contract Area within two (2) Calendar 2)Calendar Months of the Effective Date.
4.2 In discharge of its obligation to carry out Exploration Operations in the Contract Area, Licensee shall, in accordance with the provisions of this Article, carry out the following minimum work programmes and shall expend not less than the corresponding sums specified.
Appears in 1 contract
Sources: Production Sharing Agreement