Minimum Exploration Programme definition
Examples of Minimum Exploration Programme in a sentence
During the Exploration Period, Concessionaire undertakes to carry out the following Minimum Exploration Programme: (to be defined by Government prior to Effective Date) Parallel or Subsequent Lithium Extraction Where the Concessionaire intends to evaluate the possibilities for parallel or subsequent Lithium Extraction in relation to a Petroleum Operation, the Exploration Period shall be identical to the period for Petroleum.
Each Annual Work Programme shall include at least the work required to be performed in the relevant period in order to fulfil the Minimum Exploration Programme, with respect to Petroleum the Additional Exploration Commitment and any Field Development Plan.