Minimum Exploration Program. The Exploration Phase shall be effective for «duration» years. Minimum Exploration Program and its Financial Guarantees Indication of the Block Area (km²) Exploratory Well Minimum Depth of the Well (age) Amount of the Financial Guarantee for the Exploration Phase (R$) XX (insert amount in words)
Appears in 4 contracts
Sources: Production Sharing Agreement, Production Sharing Agreement, Production Sharing Agreement