Exploration Contract definition

Exploration Contract means the Contract for Exploration of Hydrocarbons in South Alibek Oil Field located within the limits of blocks XXII-23 A (partially), D (partially), and E (partially) in the territory of the Mugodzhar Region, Aktyubinskaya Oblast, Republic of Kazakhstan, state registration number No. 419 of March 7, 2000 (as amended).
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Exploration Contract means the Exploration Contract with respect to the South Alibek Field by and between Caspi Neft and the Ministry of Energy and Mineral Resources of the Republic of Kazakhstan, dated April 29, 1999.
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Exploration Contract means any contract or licence permitting TOML to Explore for Polymetallic Nodules in the International Seabed Area entered into between TOML and the ISA or granted by the ISA to TOML, and includes the ISA Exploration Contract. Expropriate or Expropriation means to dispossess of ownership, to deprive of property, to deprive of use of property, to deprive of property for the public use, to make an Entity or assets (tangible and intangible) the property of the State (in whole or in part), or a measure or measures having an equivalent effect (directly or indirectly), and includes without limitation:
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Examples of Exploration Contract in a sentence

  • The NORI Exploration Contract was approved by the ISA Council on July 19, 2011, and entered into on July 22, 2011 between NORI and the ISA, and terminates on July 22, 2026, subject to extension.

  • On 10 July 2019, Chibuluma and Jinchuan R&E entered into the Exploration Contract relating to the provision of infill geochemical soil sampling, trenching, ground induced polarization and drilling management works at Northwestern Province Exploration Projects by Jinchuan R&E to Chibuluma.

  • In particular, the Option Contract and the Exploration Contract are left without effect by entering into this contract.

  • The definition of Existing Exploration Contract in this Agreement is correct and complete.

  • Prior to the Closing, neither Sellers nor any representative of any of them shall conduct any negotiations or discussions with any party regarding a possible acquisition of Caspi Neft, the License, the Field, or the Exploration Contract or of all or a substantial part of the business or assets of Caspi Neft or any of its subsidiaries.

  • A TOML has the exclusive right to explore for Polymetallic Nodules in the International Seabed Area pursuant to the ISA Exploration Contract.

  • The obligations of the Guarantor hereunder shall not be diminished or rendered unenforceable by any bankruptcy, winding up, reorganization, arrangement, liquidation or similar proceeding with respect to the Borrower, the Guarantor or the Bank.

  • The Exploration Contract is an extension of the Survey Contract in relation to the further exploration work to be carry out by ▇▇▇▇▇▇▇▇ R&E at the Northwestern Province Exploration Projects (please refer to the announcement of the Company dated 31 December 2018 for details).

  • The term of this Operating & Exploration Contract shall be for three (3) years from the effective date set forth above, and may be renewed by Contractor for successive three (3) year periods upon substantially the same terms and provisions as set forth herein based upon the then-capital structure of the Contractor, until declared forfeited and canceled by Owner or relinquished by Contractor as provided herein.

  • License Works shall mean all works under the License and Exploration Contract.


More Definitions of Exploration Contract

Exploration Contract has the meaning given to it in Recital (B).
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Exploration Contract means any contract permitting NORI to Explore for Polymetallic Nodules in the Area entered into between NORI and the ISA or granted by the ISA to NORI, and includes the ISA Exploration Contract.
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Exploration Contract means the contract under License ▇▇.▇▇ 1557 (oil) for the exploration of hydrocarbons of Yuzhny Alibek oilfield entered into between the Company and the Investmnet Agency of the Republic of Kazakhstan.
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Exploration Contract shall have the meaning ascribed to that term in the second Recital.
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Related to Exploration Contract

  • Concession Contract means a contract for pecuniary interest concluded in writing between one or more economic operators and one or more contracting authorities within the meaning of Articles 168 and 172, in order to entrust the execution of works or the provision and management of services to an economic operator (the ‘concession’). The remuneration shall consist either solely in the right to exploit the works or services or in that right together with payment. The award of a concession contract shall involve the transfer to the concessionaire of an operating risk in exploiting those works or services encompassing demand risk or supply risk, or both. The concessionaire shall be deemed to assume an operating risk where, under normal operating conditions, there is no guarantee of recouping the investments made or the costs incurred in operating the works or the services at stake;

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • petroleum agreement means any agreement, license, contract or other arrangement between the Government and a contractor to conduct upstream petroleum operations in accordance with the provisions of this Act, and may include ─

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.