Observations by CNH. CNH shall communicate to the Contractor any objection or comment it may have regarding any Work Program. CNH shall approve the Work Programs if they comply with: (i) the Minimum Work Program, the Minimum Program Increase, Exploration Plan and the Development Plan, as applicable; (ii) the terms of the Accounting Procedures and the other terms and conditions of this Contract; (iii) Industry Best Practices; (iv) the Management System, and (v) the Applicable Laws. The Contractor shall modify and resubmit for written approval any Work Program that may have been observed to or commented on by CNH. The Contractor may not conduct any activities not included in an approved Work Program, except in the case of an emergency pursuant to Article 22.5. The Contractor must provide the operative solutions and the correspondent adjustments to the Work Program attending the observations from CNH. Hearings or attendances may be held in order to resolve in good faith any technical difference that may exist regarding to the observations of the Work Program, in accordance with the Industry Best Practices and the Applicable Laws.
Appears in 2 contracts
Sources: Contract for the Exploration and Extraction of Hydrocarbons Under Production Sharing Modality, Contract for the Exploration and Extraction of Hydrocarbons
Observations by CNH. CNH shall communicate to the Contractor any objection or comment observation it may have regarding any Work Program. CNH shall approve the Work Programs if they comply with: (i) the Minimum Work Program, the Minimum Program Increase, Exploration the Appraisal Plan and the Development Plan, as applicable; (ii) the terms of the Accounting Procedures and the other terms and conditions of this Contract; (iii) Industry Best Practices; (iv) the Management System, and (v) the Applicable Laws. The Contractor shall modify and resubmit for written approval any Work Program that may have been observed to or commented on by CNH. The Contractor may not conduct any activities that are not included in an approved Work Program, except in the case of an emergency pursuant to Article 22.521.5. The Contractor must provide the operative solutions and the correspondent according adjustments to the Work Program attending the observations from CNH. Hearings or attendances may be held in order to resolve in good faith any technical difference that may exist regarding the observations to the observations of the Work Program, in accordance with Program following the Industry Best Practices and the Applicable Laws.
Appears in 2 contracts
Sources: Contract for the Extraction of Hydrocarbons Under Production Sharing Modality, Contract for the Extraction of Hydrocarbons Under Production Sharing Modality
Observations by CNH. CNH shall communicate to the Contractor any objection or comment observations it may have regarding any Work Program. CNH shall approve the Work Programs if they comply with: (i) the Minimum Work Program, the Minimum Program Increase, Exploration Plan and the Development Plan, as applicable; (ii) the terms of the Accounting Procedures and the other terms and conditions of this Contract; (iii) Industry Best Practices; (iv) the Management System, and (v) the Applicable Laws. The Contractor shall modify and resubmit for written approval any Work Program that may have been observed to or commented on by CNH. The Contractor may not conduct any activities not included in an approved Work Program, except in the case of an emergency pursuant to Article 22.5. The Notwithstanding the authority to approve the Work Programs by CNH, the Contractor must provide the operative solutions and the correspondent adjustments to the Work Program attending the observations from CNH. Hearings or attendances may be held in order to resolve in good faith any technical difference that may exist regarding to the observations of the Work Program, in accordance with the Industry Best Practices and the Applicable Laws.
Appears in 1 contract
Sources: Contract for the Exploration and Extraction of Hydrocarbons (SAILFISH ENERGY HOLDINGS Corp)