Common use of Production Tests Clause in Contracts

Production Tests. The Liquid Hydrocarbons obtained as a result of the production tests carried out by THE CONTRACTOR shall also incur the fees mentioned in the previous items.

Appears in 2 contracts

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

Production Tests. The Liquid liquid Hydrocarbons obtained as a result of the production tests carried out Production Tests performed by THE the CONTRACTOR shall also incur accrue the fees mentioned in subject of the previous itemspreceding sections, provided that the conditions of item 16.2 are met.

Appears in 1 contract

Sources: Exploration and Exploitation Agreement (Gran Tierra Energy Inc.)