1114where a discovery extends beyond the development

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11.1.4Where a Discovery extends beyond the Development Area designated in the Field Development Plan, subject to Article 10, such area may be included in the proposed Development Area, in relation to which application for a Lease is made, on such terms and conditions as decided by the Government; provided that such area is: (a) not subject to a License or Lease granted to any other person; (b) not the subject of negotiations/bidding for a License or Lease; and (c) available for licensing (i.e. is not an area over which Petroleum Operations are excluded; and in relation to onshore areas, the land comprising the area is not subject to any litigation or arbitration). 11.1.5 Where a Field Development Plan has been finalised pursuant to the approval of the TAR by the Management Committee and the Contractor has complied with the terms and conditions of the License and this Contract and is not in breach of any of the terms thereof, or the provisions of any law and subject to Government clearances/approvals being obtained by the Contractor as applicable before grant/issue of the Lease; the Government shall subject to Article 11.1.6 grant to the Contractor a Lease, to enable the Contractor to carry out Petroleum Operations in the Development Area in accordance with the Field
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34 Development Plan. 11.1.6 The Lease shall be granted for an initial period of twenty (20) years from the date of grant thereof subject to: a. cancellation in accordance with its terms, or for termination of this Contract in accordance with its terms; b. the Lease period may also be extended by mutual agreement between the Government and the Contractors for such period as may be agreed after taking into account the balance recoverable reserve and balance economic life of the Field/Development Area from the expiry of the initial period. Provided that such extension would be for a period upto five (5) years or beyond as may be mutually agreed or as per extant Government policies/guidelines. c. the terms of this Contract and other terms and conditions as set forth in such Lease be consistent with this Contract and the relevant legislation. 11.2 Right to undertake Exploration for the duration of theLease The Contractor shall have the right to explore for Petroleum (of any type) within the area covered by the mining Lease for the entire duration of the said Lease. ARTICLE 12 UNIT DEVELOPMENT 12.1 If a Reservoir in a Discovery 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 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 collaborates and agrees with such other parties on the joint
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  • Winter '14
  • Bijay K Behra
  • Government, Petroleum Operations, Contract Area

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