Common use of Work Programmes Clause in Contracts

Work Programmes. ‌ (a) Within 30 days of the Effective Date, Contractor shall prepare and submit to TPDC a detailed Work Programme and Budget setting forth the Exploration Operations which Contractor proposes to carry out in the Calendar Year in which the Exploration Licence is first issued to TPDC hereunder and the estimated cost thereof. (b) So long as the Exploration Licence issued to TPDC hereunder remains in force, at least three months prior to the beginning of each subsequent Calendar Year, Contractor shall prepare and submit to TPDC a detailed Work Programme and Budget setting forth the Exploration Operations which Contractor proposes to carry out in that Calendar Year and the estimated cost thereof. (c) Every Work Programme and Budget submitted to TPDC pursuant to this Article and every revision or amendment thereof shall be consistent with the requirements set out in Article 5 relating to work and expenditure for the Exploration Period within which the Work Programme and Budget will fall. (d) Every Work Programme and Budget and, as the case may be, the appraisal programme referred to in Article 8(g), submitted by Contractor to TPDC shall be reviewed by a joint committee to be established by TPDC and Contractor pursuant to Article 7. Should TPDC wish to propose a revision of the proposed Work Programme and Budget, or appraisal programme, as the case may be, TPDC shall within three (3) weeks after receipt thereof so notify the Contractor specifying in reasonable detail its reasons. Promptly thereafter, the parties will meet and endeavour to agree upon the revisions proposed by TPDC Following review by the Advisory Committee, Contractor shall make such revisions as it deems appropriate and submit the Work Programme and Budget or, without prejudice to Article 8(j), appraisal programme, as appropriate, to TPDC. (e) Subject to Article 5, on giving notice to TPDC, Contractor may amend any Work Programme or Budget or any revised Work Programme or Budget submitted to TPDC but subject to any such amendment Contractor shall carry out the Exploration Operations set forth in the Work Programme or revised Work Programme and spend not less than the sum provided for in the Budget or revised Budget. In the case of an appraisal programme, any amendments thereto proposed to TPDC by Contractor will be subject to section 32 (2) of the Act; where an appraisal programme has been agreed by the Advisory Committee as referred to in Article 8(g), no amendment shall be made without the approval of the Advisory Committee. A notice under this sub-article shall state the reasons why in the opinion of Contractor an amendment is necessary or desirable. (f) Where Contractor has discharged its obligations under this Article, the Minister will not suspend or cancel any Exploration Licence granted to TPDC hereunder by reason only that TPDC has failed to comply strictly with the requirements of paragraph (a) of sub-section (1) of Section 30 of the Act or has failed to meet the requirements deemed to be included in an Exploration Licence by reasons of that provision.

Appears in 2 contracts

Sources: Production Sharing Agreement, Production Sharing Agreement