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Common use of Formalization of Area Returns Clause in Contracts

Formalization of Area Returns. Any return of an area carried out during the course of this Contract shall be formalized by a record signed by the Parties.

Appears in 2 contracts

Sources: Hydrocarbon Exploration and Production Contract (GeoPark LTD), Hydrocarbon Exploration and Production Contract (GeoPark Holdings LTD)

Related Clauses

  • How Are Contributions to a ▇▇▇▇ ▇▇▇ Reported for Federal Tax Purposes
  • Tax Returns and Tax Payments
  • Cash Basis and Budget Laws
  • Graduated Return to Work
  • Statements of Reconciliation after Change in Accounting Principles

Parent Clauses

  • Definitions

Sub-Clauses

  • Duration
  • Extension of the Exploitation Period
  • Minimum Exploration Program per Phase
  • Exploration Works Programs
  • Extension of a Phase of the Exploration Period
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