Part II

United Kingdom

1. 1Interpretation
2. 3Term of licence
3. 4Option to continue licence as to part of the licensed area
4. 5Continuance of licence after the second term
5. 6Power further to extend term of licence
6. 7Right of licensee to determine licence or surrender part of licensed area
7. 8Areas surrendered
8. 8AProvision of contact details to Minister
9. 9Payment of consideration for licence
10. 10Royalty payments
11. 11Payments by the Minister
12. 12Provisions supplementary to clauses 10 and 11
13. 13Deliveries of petroleum in place of royalties
14. 14Measurement of petroleum obtained from the licensed area
15. 15Keeping of accounts
16. 16Working obligations
17. 17Development and production programmes
18. 18Provisions supplementary to clause 17
19. 19Commencement and abandonment and plugging of wells
20. 20Distance of wells from boundaries of licensed area
21. 21Control of development wells
22. 22Provision of storage tanks, pipes, pipe-lines or other receptacles
23. 23Avoidance of harmful methods of working
24. 24Appointment of operators
25. 25Fishing and navigation
26. 27Training
27. 28Unit development
28. 29Directions as to oil fields across boundaries
29. 30Disposal of petroleum
30. 31Licensee to keep records
31. 32Returns
32. 33Licensee to keep samples
33. 34Reports to be treated as confidential
34. 35Inspection of records etc.
35. 36Rights of access
36. 37Power to execute works
37. 38Right of distress
38. 39Indemnity against third party claims
39. 40Advertisements, prospectuses etc.
40. 41Restrictions on assignment, etc.
41. 41AChange in control of Licensee
42. 42Power of revocation
43. 42APower of partial revocation
44. 43Arbitration