Part II

United Kingdom

1. 1Interpretation
2. 3Term of licence
3. 3AOption to continue licence into second term
4. 4Option to continue licence as to part of the licensed area
5. 5Continuance of licence after the third term
6. 6Power further to extend term of licence
7. 7Right of Licensee to determine licence or surrender part of licensed area
8. 8Areas surrendered
9. 8AProvision of contact details to Minister
10. 9Payment of consideration for licence
11. 10Royalty payments
12. 12Provisions supplementary to clause 10
13. 14Measurement of petroleum obtained from the licensed area
14. 15Keeping of accounts
15. 16Working obligations
16. 17Development and production programmes
17. 18Provisions supplementary to clause 17
18. 19Commencement and abandonment and plugging of wells
19. 20Distance of wells from boundaries of licensed area
20. 21Control of development wells
21. 22Provision of storage tanks, pipes, pipelines or other receptacles
22. 23Avoidance of harmful methods of working
23. 24Appointment of operators
24. 25Fishing and navigation
25. 27Training
26. 28Unit development
27. 29Directions as to oil fields across boundaries
28. 31Licensee to keep records
29. 32Returns
30. 33Licensee to keep samples
31. 34Reports to be treated as confidential
32. 35Inspection of records etc.
33. 36Rights of access
34. 37Power to execute works
35. 38Right of distress
36. 39Indemnity against third party claims
37. 40Advertisements, prospectuses etc.
38. 41Restrictions on assignment, etc.
39. 41AChange in control of Licensee
40. 42Power of revocation
41. 42APower of partial revocation
42. 43Arbitration