Statements of activity Sample Clauses

Statements of activity a) During the Exploration Period, Contractor shall supply ▇▇▇ within thirty (30) days from the end of each Calendar Quarter: i. a detailed accounting statement and list of costs and expenses and work performed during Calendar Quarter in question; ii. a statement of expenditure and receipts; iii. summary of the above information on a cumulative basis. These statements shall be in accordance with this Accounting Procedure. A summary of this information shall be provided on a yearly basis, within sixty (60) days from the end of each Calendar Year. b) During the Development Period, Contractor shall supply ▇▇▇ within thirty (30) days from the end of each Calendar Quarter or, in the case of the production statement, within seven (7) days from the end of each Calendar Month: i. a production statement; ii. a value of production statement; iii. a cost recovery statement; iv. a statement of expenditure and receipts; v. a profit oil and lifting's statement; vi. a detailed accounting statement and list of costs and expenses and work performed during Calendar Quarter in question;

Statements of activity. Your account statement with respect to your Crews Brokerage Account will reflect all activity with respect to your ▇▇▇, the total of your opening and closing balances, the interest earned for the period, the movement of funds between your ▇▇▇ and your Crews Brokerage Account, and, if so elected, the payment of checks drawn against the balance in your ▇▇▇ and purchases effected through the use of the debit card tied to your ▇▇▇. All statements will be considered conclusive and binding unless you object in writing within 10 days of the date the statement is mailed to you. Your Crews representative can assist you in understanding your statement and can respond to any questions you have. You should retain your statement for your records. You will not receive a statement from Bank.

Statements of activity. (1) CONTRACTOR shall, in accordance with Article IV of this Agreement - render to EGPC within thirty (30) days of the end of each calendar quarter a Statement of Exploration and Development Activities reflecting all charges and credits related to the Exploration and Development Operations for that quarter summarized by appropriate classifications indicative of the nature thereof. (2) Operating Company shall render to EGPC and CONTRACTOR within fifteen (15) days of the end of each calendar quarter a Statement of Development and Exploration Activity reflecting all charges and credits related to the Development and Exploration operations for that quarter summarized by appropriate classifications indicative of the nature thereof, except that items of controllable material and unusual charges and credits shall be detailed. Pursuant to Article VI, EGPC shall audit and approve each statement of Development and Exploration Activity submitted by the CONTRACTOR or the Operating Company (as the case may be). Any comments made by EGPC shall be reflected by the CONTRACTOR or the Operating Company (as the case may be) on the Statement produced for the next calendar quarter.

Statements of activity. (1) CONTRACTOR shall, pursuant to Article IV of this Agreement, and until the coming into existence of the Operating Company - in accordance with Article VI of the Agreement - render to EGPC within thirty (30) days of the end of each calendar quarter a Statement of Exploration Activity reflecting all charges and credits related to the Exploration Operations for that quarter summarized by appropriate classifications indicative of the nature thereof. (2) Following its coming into existence, Operating Company shall render to EGPC and CONTRACTOR within fifteen (15) days of the end of each calendar quarter a Statement of Development and Exploration Activity reflecting all charges and credits related to the Development and Exploration operations for that quarter summarized by appropriate classifications indicative of the nature thereof, except that items of controllable material and unusual charges and credits shall be detailed. Pursuant to Article VII, EGPC shall audit and approve each statement of Development and Exploration Activity submitted by the CONTRACTOR or the Operating Company (as the case may be). Any comments made by EGPC shall be reflected by the CONTRACTOR or the Operating Company (as the case may be) on the Statement produced for the next calendar quarter.

Statements of activity. (1) CONTRACTOR shall, pursuant to Article IV of this Agreement, render to EGAS within thirty (30) days of the end of each calendar quarter a Statement of Exploration Activity reflecting all charges and credits related to the Exploration operations conducted in any portion of the Area not converted into a Development Lease for that quarter, summarized by appropriate classifications indicative of the nature thereof. (2) Following its coming into existence, the Joint Venture Company shall render to EGAS and CONTRACTOR within fifteen (15) days of the end of each calendar quarter a statement of Development and Exploration activity reflecting all charges and credits related to the Development and Exploration operations conducted in any portion of the Area converted into a Development Lease for that quarter, summarized by appropriate classifications indicative of the nature thereof, provided that items of controllable material and unusual charges and credits shall be detailed. Pursuant to Article VII, EGAS shall audit and approve each Statement of Development and Exploration Activity submitted by the CONTRACTOR or the Joint Venture Company (as the case may be). Any comments made by EGAS shall be reflected by the CONTRACTOR or the Joint Venture Company (as the case may be) on the Statement produced for the next calendar quarter.