Part II

United Kingdom

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