Part II

United Kingdom

1. 1Interpretation
2. 3Term of licence
3. 4Extension or further extension of term
4. 5Right of Licensee to determine licence or surrender part of licensed area
5. 6Consequences of determination or surrender by Licensee
6. 6AProvision of contact details to Minister
7. 7Payment of consideration for licence
8. 8Royalty payments
9. 9Provisions supplementary to clause 8
10. 10Measurement of petroleum obtained from the licensed area
11. 11Keeping of accounts
12. 12Working obligations
13. 13Appraisal production
14. 14Commencement and abandonment and plugging of wells
15. 15Distance of wells from boundaries of licensed area
16. 16Further controls on wells
17. 17Provision of storage tanks, pipes, pipelines or other receptacles
18. 18Avoidance of harmful methods of working
19. 19Appointment of Operators
20. 20Fishing and navigation
21. 21Training
22. 22Licensee to keep records
23. 23Returns
24. 24Licensee to keep samples
25. 25Reports to be treated as confidential
26. 26Inspection of records, etc.
27. 27Rights of access
28. 28Power to execute works
29. 29Right of distress
30. 30Indemnity against third party claims
31. 31Advertisements, prospectuses etc.
32. 32Restrictions on assignments etc.
33. 32AChange in control of Licensee
34. 33Power of revocation
35. 33APower of partial revocation
36. 34Arbitration