Common use of UNIT DEVELOPMENT Clause in Contracts

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate and agree with such other parties on the joint development of the Reservoir ; (b) submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree on the proposed plan for joint development, the Government may call for a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the parties in this regard. Such a development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations by other parties.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is Areais situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations Petroleum Operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate Contractor collaborates and agree agrees with such other parties on the joint development of the Reservoir ; (b) submit such agreement between the Contractor Reservoir,and such other parties to notify the Government for approval in writing of its intent of such joint development within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180100) days of the approval receipt of the agreement referred to in (b) information by the Government as provided above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree to collaborate and/or notify the Government on the proposed plan for joint developmentdevelopment of the Reservoir as provided in Article 12.1 above, the Government may call for a joint development plan from an independent agencyagency(at the cost of the parties), which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 12.3 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is establishedplan. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis 12.4 In the event the Contractor determines that the Reservoir in its Contract Area is extending into the contract area already being developed by another entity authorized by the Government (such contract area into which the Reservoir extends hereinafter referred to a Discovery of a Reservoir located partly within the as “Other Contract Area”, whichand such other block hereinafter referred to as “Other Block”, although not equivalent and such other entity hereinafter referred to a Commercial Discovery if developed aloneas “Other Contractor”), would be a Commercial Discovery if developed together with that part then the Contractor shall submit an application for joint development of the Reservoir which extends outside (“Joint Development Application”)to the Government (acting through DGH) providing: (i) details of the Reservoir, (ii) details relating to the area falling in the Other Block, (iii) all such other data and information that the Contractor may determine to be relevant. The Contractor shall provide a copy of the Joint Development Application to the Other Contractor prior to or at the time of its submission to the Government. The Government (acting through DGH) shall carry out preliminary evaluation on the basis of available data for the Contract Area and the Other Contract Area. In the event the Government (acting through DGH) believes that the Reservoir is common, then the Government will direct the Managing Committees of the Block and Other Block to carry out a hydrocarbon balancing study and submit a proposal for joint development of the areas subject Reservoir by theContractor and Other Contractor. In the event theContractor and Other Contractor are not able to contract come to a consensus, the Government (acting through DGH), at the cost of the Contractor and Other Contractor, shall call for petroleum operations a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the Contractor and Other Contractor in this regard. Such a joint development plan, if approved by other partiesGovernment, shall be binding on the Contractor and Other Contractor, notwithstanding their disagreement with the plan. However, the Contractorand the Other Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.4 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that they elect to surrender their rights in the Reservoir in lieu of participation in a joint development.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which other parties have another entity (hereinafter referred as ―Other Contractor‖) has a contract to conduct petroleum operations Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 10 or on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require direct that the Contractor: (a) collaborate collaborates and agree agrees with such other parties contractors on the joint development of the Reservoir Reservoir; (b) prepare and submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of period notified by the agreement referred to in (b) aboveGovernment. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree to collaborate and/or notify the Government on the proposed plan for joint developmentdevelopment of the Reservoir as provided in Article 12.1 above, the Government may call for a joint development plan from an independent agencyagency (at the cost of the parties), which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with this Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 12.3 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if plan. 12.4 In the Commercial event the FDP has already been submitted by the Contractor, and the Contractor subsequently comes to know that Reservoir of the Discovery is establishedextends into the areas outside its Contract Area being developed by Other Contractor authorized by the Government, it shall promptly notify the Government of the same within fifteen (15) Days of knowledge of such extension. 12.5 The provisions In the event the Contractor comes to know that the Reservoir of Articles 12.1the Discovery is extending into the areas already being developed by Other Contractor authorized by the Government (such Contract Area into which the Reservoir extends hereinafter referred to as ―Other Contract Area‖, 12.2 and Article 12.3 such other Block hereinafter referred to as ―Other Block‖) then the Contractor shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part submit an application for joint development of the Reservoir which extends outside (―Joint Development Application‖) to the Government providing: (i) details of the Reservoir, (ii) details relating to the area falling in the Other Block, (iii) all such other data and information that the Contractor may determine to be relevant. The Contractor shall provide a copy of the Joint Development Application to the Other Contractor prior to or at the time of its submission to the Government. 12.6 The Government shall carry out preliminary evaluation on the basis of available data for the Contract Area and the Other Contract Area. In the event the Government believes that the Reservoir is common, then the Government will direct the Managing Committees of the Block and Other Block to carry out a hydrocarbon balancing study and submit a proposal for joint development of the areas subject Reservoir by the Contractor and Other Contractor. 12.7 In the event the Contractor and Other Contractor are not able to contract come to a consensus, the Government, at the cost of the Contractor and Other Contractor, shall call for petroleum operations a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the Contractor and Other Contractor in this regard. Such a joint development plan, if approved by other parties.Government, shall be binding on the Contractor and Other Contractor, notwithstanding their disagreement with the plan. However, the Contractor and the Other Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate and agree with such other parties on the joint development of the Reservoir Reservoir; (b) submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree on the proposed plan for joint development, the Government may call for a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the parties in this regard. Such a development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations by other parties.

UNIT DEVELOPMENT. 12.1 10.1 If a Reservoir in a Discovery Area area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide sourceoperations, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate and agree with such other parties on the joint development of the Reservoir reservoir as one Development Area; (b) submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) daysapproval; and (c) prepare a plan for such joint development of of' the said Reservoirreservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) above. 12.2 10.2 If no plan is submitted within the period specified in Article 12.1 (c10.1(c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 Parties may agree, or, if such plan as submitted is not acceptable to the Government and the Parties parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such the other parties referred to in Article 10.1, a plan for such joint development consistent with generally accepted modern oilfield and practices in the international petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 10.3 If the parties are unable to agree on the proposed plan for joint development, then any party may refer the Government may call matter to a sole expert for a joint development plan from an independent agencyfinal determination pursuant to Article 33, which agency, may make such a proposal after taking into account the position of the parties in this regard. Such a development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, provided that the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five sixty (4560) Business Days days of the plan approval as aforesaid in this Articledetermination by a sole expert, notify the Licensee and the Government that it elects to surrender its rights in the Reservoir/Discovery Area in lieu of participation in a joint development. 12.4 10.4 If a proposed joint development plan is agreed and adopted by the parties, . or adopted following determination by the Governmentsole expert, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is established. 12.5 10.5 The provisions of Articles 12.110.1, 12.2 10.2 and Article 12.3 10.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, . which, although not equivalent to a Commercial Discovery Discovery, if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations Petroleum Operations by other parties.

UNIT DEVELOPMENT. 12.1 If a Reservoir that exists in a Discovery Area is situated partly within the Contract Area and partly in an area in Sri Lanka over which other parties have a contract to conduct Petroleum Operations the Contractor shall notify the PRDC and the PRDS and provide such information as the PRDC or the PRDS may reasonably request in connection therewith. If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an area in India Sri Lanka over which other parties have a contract to conduct petroleum operations Petroleum Operations and both parts of the Reservoir can can, in the reasonable opinion of the PRDC and the PRDS, be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide bona fide source, the Government PRDC may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) 12.1.1 collaborate and agree with such other parties on the joint development of the Reservoir with such collaboration and agreement being set out in a unit development agreement; (b) 12.1.2 submit such agreement between the Contractor and such other parties to the Government PRDC for approval within one hundred and eighty (180) days; and (c) 12.1.3 prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) aboveArticle 12.1.2. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) 12.1.3 or such longer period as the Government PRDC and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan plan, as submitted submitted, is not acceptable to the Government PRDC and the Parties parties cannot agree on amendments to the proposed joint development plan, the Government PRDC may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield oilfield/gasfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree on the proposed plan for joint development, the Government PRDC may call for a joint development plan from an independent agency, which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Governmentthe PRDC, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five (45) Business Days days of the plan approval as aforesaid in this Article, notify the Government PRDC that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the GovernmentPRDC, the plan plan, as finally adopted adopted, shall be the approved joint development plan and the Contractor shall comply with the terms of the said joint development plan as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations Petroleum Operations by other parties.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area Potential Commercial Assessment area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide sourceCBM operations, the Government may, for securing the more effective recovery of Petroleum CBM from such Reservoir, by notice in writing to the Contractor, require that the ContractorContractor : (a) collaborate and agree with such other parties on the joint development of the Reservoir Reservoir; (b) submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) daysapproval; and (c) prepare a plan with the approval of the Steering Committee for such joint development of the said Reservoir, within one hundred and eighty twenty (180120) days of the approval of the agreement referred to in (b) above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield CBM/oilfields and petroleum industry practices practices, which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree on the proposed plan for joint development, the Government may call for a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the parties in this regard. Such a development plan, if approved by the Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five thirty (4530) Business Days days of the plan approval approved as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery Commercial Assessment Area in lieu of participation in a joint development. 12.4 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, Article 12.1 and 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery assessment of a Reservoir located partly within the Contract Area, which, which although not equivalent to a Commercial Discovery Assessment Area if developed alone, would be a Commercial Discovery Assessment Area if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations CBM operation by other parties.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which other parties have another entity (hereinafter referred as “Other Contractor”) has a contract Contract to conduct petroleum operations Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 10 or on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require direct that the Contractor: (a) collaborate collaborates and agree agrees with such other parties contractors on the joint development of the Reservoir Reservoir; (b) prepare and submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of period notified by the agreement referred to in (b) aboveGovernment. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree to collaborate and/or notify the Government on the proposed plan for joint developmentdevelopment of the Reservoir as provided in Article 12.1 above, the Government may call for a joint development plan from an independent agencyagency (at the cost of the parties), which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with this Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 12.3 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if plan. 12.4 In the Commercial event the FDP has already been submitted by the Contractor, and the Contractor subsequently comes to know that Reservoir of the Discovery is establishedextends into the areas outside its Contract Area being developed by Other Contractor authorized by the Government, it shall promptly notify the Government of the same within fifteen (15) Days of knowledge of such extension. 12.5 The provisions In the event the Contractor comes to know that the Reservoir of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis the Discovery is extending into the areas already being developed by Other Contractor authorized by the Government (such Contract Area into which the Reservoir extends hereinafter referred to a Discovery of a Reservoir located partly within the as “Other Contract Area”, whichand such other Block hereinafter referred to as “Other Block”, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part then the Contractor shall submit an application for joint development of the Reservoir which extends outside (“Joint Development Application”) to the Government providing: (i) details of the Reservoir, (ii) details relating to the area falling in the Other Block, (iii) all such other data and information that the Contractor may determine to be relevant. The Contractor shall provide a copy of the Joint Development Application to the Other Contractor prior to or at the time of its submission to the Government. 12.6 The Government shall carry out preliminary evaluation on the basis of available data for the Contract Area and the Other Contract Area. In the event the Government believes that the Reservoir is common, then the Government will direct the Managing Committees of the Block and Other Block to carry out a hydrocarbon balancing study and submit a proposal for joint development of the areas subject Reservoir by the Contractor and Other Contractor. 12.7 In the event the Contractor and Other Contractor are not able to contract come to a consensus, the Government, at the cost of the Contractor and Other Contractor, shall call for petroleum operations a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the Contractor and Other Contractor in this regard. Such a joint development plan, if approved by other partiesGovernment, shall be binding on the Contractor and Other Contractor, notwithstanding their disagreement with the plan. However, the Contractor and the Other Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.5 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that they elect to surrender their rights in the Reservoir in lieu of participation in a joint development.

UNIT DEVELOPMENT. 12.1 30.1. If a Reservoir that exists in a Discovery Area is situated partly within the Agreement Area and partly in an area in Sri Lanka over which other parties have a Agreement to conduct Petroleum Operations the Contractor shall notify the PRDC and provide such information as the PRDC may reasonably request in connection therewith. If a Reservoir in a Discovery Area is situated partly within the Contract Agreement Area and partly in an area in India Sri Lanka over which other parties have a contract Agreement to conduct petroleum operations Petroleum Operations and both parts of the Reservoir can can, in the reasonable opinion of the PRDC, be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts Agreements or any information on this from any bonafide bona fide source, the Government PRDC may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) to collaborate and agree with such other parties on the joint development of the Reservoir with such collaboration and agreement being set out in the form of a Unit Development Agreement; (b) to submit such agreement between the Contractor and such other parties to the Government PRDC for approval within one hundred and eighty (180) days; and (c) to prepare a plan Unit Field Development Plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) aboveapproval. 12.2 30.2. If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government PRDC and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan plan, as submitted submitted, is not acceptable to the Government PRDC and the Parties parties cannot agree on amendments to the proposed joint field development plan, the Government PRDC may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development unit development, consistent with generally accepted modern oilfield global oilfield/gasfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other partiespractices. 12.3 30.3. If the parties are unable to agree on the proposed plan for joint unit development, the Government PRDC may call for a joint development plan from an independent agency, which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Governmentthe PRDC, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 30.1 or within forty five (45) Business Days days of the plan approval as aforesaid in this Article, notify the Government PRDC that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 30.4. If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the GovernmentPRDC, the plan plan, as finally adopted adopted, shall be the approved joint development plan and the Contractor shall comply with the terms of the said joint field development plan as if the Commercial Discovery is established. 12.5 30.5. The provisions of Articles 12.1, 12.2 and Article 12.3 this PRA shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Agreement Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Agreement Area to the areas subject to contract Agreement for petroleum operations Petroleum Operations by other parties.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations Petroleum Operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide source, such information to be submitted prior to submission of FDP, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate Contractor collaborates and agree agrees with such other parties on the joint development of the Reservoir ; (b) submit such agreement between the Contractor Reservoir, and such other parties to notify the Government for approval in writing of its intent of such joint development within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180100) days of the approval receipt of the agreement referred information by the Government as provided above. Provided that the Government can issue such notice to in (b) above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or a Contractor only till such longer period time as the Government and Contractor has not submitted an FDP under Article 10. In the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development planevent, the Government may cause to be preparedcontractor, at post FDP submission, discovers that its Discovery extends beyond the expense block boundary, it shall promptly notify the government of the Contractor and same within 15 days of such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 discovery. If the parties are unable to agree to collaborate and/or notify the Government on the proposed plan for joint developmentdevelopment of the Reservoir as provided in Article 12.1 above, the Government may call for a joint development plan from an independent agencyagency (at the cost of the parties), which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 . If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan plan. In the event the Contractor determines that the Reservoir in its Contract Area is extending into the contract area already being developed by another entity authorized by the Government (such contract area into which the Reservoir extends hereinafter referred to as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the “Other Contract Area”, whichand such other block hereinafter referred to as “Other Block”, although not equivalent and such other entity hereinafter referred to a Commercial Discovery if developed aloneas “Other Contractor”), would be a Commercial Discovery if developed together with that part then the Contractor shall submit an application for joint development of the Reservoir which extends outside (“Joint Development Application”) to the Government (acting through DGH) providing: (i) details of the Reservoir, (ii) details relating to the area falling in the Other Block, (iii) all such other data and information that the Contractor may determine to be relevant. The Contractor shall provide a copy of the Joint Development Application to the Other Contractor prior to or at the time of its submission to the Government. The Government (acting through DGH) shall carry out preliminary evaluation on the basis of available data for the Contract Area and the Other Contract Area. In the event the Government (acting through DGH) believes that the Reservoir is common, then the Government will direct the Managing Committees of the Block and Other Block to carry out a hydrocarbon balancing study and submit a proposal for joint development of the areas subject Reservoir by the Contractor and Other Contractor. In the event the Contractor and Other Contractor are not able to contract come to a consensus, the Government (acting through DGH), at the cost of the Contractor and Other Contractor, shall call for petroleum operations a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the Contractor and Other Contractor in this regard. Such a joint development plan, if approved by other partiesGovernment, shall be binding on the Contractor and Other Contractor, notwithstanding their disagreement with the plan. However, the Contractor and the Other Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.4 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that they elect to surrender their rights in the Reservoir in lieu of participation in a joint development.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate and agree with such other parties on the joint development of the Reservoir ; (b) submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree on the proposed plan for joint development, the Government may call for a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the parties in this regard. Such a development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations by other parties.five

UNIT DEVELOPMENT. 12.1 9.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an adjoining area in India over which other parties have another entity (hereinafter referred as “Other Contractor”) has a contract to conduct petroleum operations Petroleum Operations, and both parts of the Reservoir can be more efficiently developed together on a commercial basis, upon receiving a notification from the Contractor as provided in Article 8 or on receiving information in writing from any party to these contracts Contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require direct that the Contractor: (a) collaborate collaborates and agree agrees with such other parties contractors on the joint development of the Reservoir Reservoir; (b) prepare and submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of period notified by the agreement referred to in (b) aboveGovernment. 12.2 9.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and Other Contractor (the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties ) are unable to agree to collaborate and/or notify the Government on the proposed plan for joint developmentdevelopment of the Reservoir as provided in Article 9.1 above, and/or not able to come to a consensus, the Government may shall call for a joint development plan from an independent agencyagency (at the cost of the parties), which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, plan prepared in accordance with this Article 12.2 or within forty five (45) Business Days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 9.3 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor parties shall comply with the terms of the said development plan as if plan. 9.4 In the Commercial event the FDP has already been submitted by the Contractor, and the Contractor subsequently comes to know that Reservoir of the Discovery extends into the areas outside its Contract Area being developed by Other Contractor authorized by the Government, it shall promptly notify the Government of the same within fifteen (15) Business Days of knowledge of such extension. 9.5 In the event the Contractor comes to know that the Reservoir of the Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis extending into the areas already being developed by Other Contractor authorized by the Government (such Contract Area into which the Reservoir extends hereinafter referred to a Discovery of a Reservoir located partly within the as “Other Contract Area”, which, although not equivalent and such other Block hereinafter referred to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part as “Other Block”) then the Contractor shall submit an application for joint development of the Reservoir which extends outside (“Joint Development Application”) to the Government providing: (i) details of the Reservoir, (ii) details relating to the area falling in the Other Block, (iii) all such other data and information that the Contractor may determine to be relevant. The Contractor shall provide a copy of the Joint Development Application to the Other Contractor prior to or at the time of its submission to the Government. 9.6 The Government shall carry out preliminary evaluation on the basis of available data for the Contract Area and the Other Contract Area. In the event the Government believes that the Reservoir is common, then the Government may direct the Contractor of this Contract Area or the Other Contract Area or any other person to carry out a hydrocarbon balancing study and submit a proposal for joint development of the areas subject to contract for petroleum operations Reservoir by other partiesthe Contractor and Other Contractor.

UNIT DEVELOPMENT. 12.1 30.1. If a Reservoir that exists in a Discovery Area is situated partly within the Agreement Area and partly in an area in Sri Lanka over which other parties have a Agreement to conduct Petroleum Operations the Contractor shall notify the PRDS and provide such information as the PRDS may reasonably request in connection therewith. If a Reservoir in a Discovery Area is situated partly within the Contract Agreement Area and partly in an area in India Sri Lanka over which other parties have a contract Agreement to conduct petroleum operations Petroleum Operations and both parts of the Reservoir can can, in the reasonable opinion of the PRDS, be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts Agreements or any information on this from any bonafide bona fide source, the Government PRDS may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) to collaborate and agree with such other parties on the joint development of the Reservoir with such collaboration and agreement being set out in the form of a Unit Development Agreement; (b) to submit such agreement between the Contractor and such other parties to the Government PRDS for approval within one hundred and eighty (180) days; and (c) to prepare a plan Unit Development Plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) aboveapproval. 12.2 30.2. If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government PRDS and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan plan, as submitted submitted, is not acceptable to the Government PRDS and the Parties parties cannot agree on amendments to the proposed joint development plan, the Government PRDS may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development unit development, consistent with generally accepted modern oilfield global oilfield/gasfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other partiespractices. 12.3 30.3. If the parties are unable to agree on the proposed plan for joint unit development, the Government PRDS may call for a joint development plan from an independent agency, which agency, agency may make such a proposal after taking into account the position of the parties in this regard. Such a joint development plan, if approved by Governmentthe PRDS, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 30.1 or within forty five (45) Business Days days of the plan approval as aforesaid in this Article, notify the Government PRDC that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 30.4. If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the GovernmentPRDS, the plan plan, as finally adopted adopted, shall be the approved joint development plan and the Contractor shall comply with the terms of the said joint development plan as if the Commercial Discovery is established. 12.5 30.5. The provisions of Articles 12.1, 12.2 and Article 12.3 this PRA shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Agreement Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Agreement Area to the areas subject to contract Agreement for petroleum operations Petroleum Operations by other parties.

UNIT DEVELOPMENT. 12.1 If a Reservoir in a Discovery Area is situated partly within the Contract Area and partly in an area in India over which other parties have a contract to conduct petroleum operations and both parts of the Reservoir can be more efficiently developed together on a commercial basis, on receiving information in writing from any party to these contracts or any information on this from any bonafide source, the Government may, for securing the more effective recovery of Petroleum from such Reservoir, by notice in writing to the Contractor, require that the Contractor: (a) collaborate and agree with such other parties on the joint development of the Reservoir Reservoir; (b) submit such agreement between the Contractor and such other parties to the Government for approval within one hundred and eighty (180) days; and (c) prepare a plan for such joint development of the said Reservoir, within one hundred and eighty (180) days of the approval of the agreement referred to in (b) aboveb)above. 12.2 If no plan is submitted within the period specified in Article 12.1 (c) or such longer period as the Government and the Contractor and the other parties referred to in Article 12.1 may agree, or, if such plan as submitted is not acceptable to the Government and the Parties cannot agree on amendments to the proposed joint development plan, the Government may cause to be prepared, at the expense of the Contractor and such other parties a plan for such joint development consistent with generally accepted modern oilfield and petroleum industry practices which shall take into consideration any plans and presentations made by the Contractor and the aforementioned other parties. 12.3 If the parties are unable to agree on the proposed plan for joint development, the Government may call for a joint development plan from an independent agency, which agency, may make such a proposal after taking into account the position of the parties in this regard. Such a development plan, if approved by Government, shall be binding on the parties, notwithstanding their disagreement with the plan. However, the Contractor may in case of any disagreement on the issue of joint development or the proposed joint development plan, prepared in accordance with Article 12.2 or within forty five thirty (4530) Business Days days of the plan approval as aforesaid in this Article, notify the Government that it elects to surrender its rights in the Reservoir/Discovery in lieu of participation in a joint development. 12.4 If a proposed joint development plan is agreed and adopted by the parties, or adopted following determination by the Government, the plan as finally adopted shall be the approved joint development plan and the Contractor shall comply with the terms of the said development plan as if the Commercial Discovery is established. 12.5 The provisions of Articles 12.1, 12.2 and Article 12.3 shall apply mutatis mutandis to a Discovery of a Reservoir located partly within the Contract Area, which, although not equivalent to a Commercial Discovery if developed alone, would be a Commercial Discovery if developed together with that part of the Reservoir which extends outside the Contract Area to the areas subject to contract for petroleum operations by other parties.