Schedule 6 MODEL CLAUSES FOR DEVELOPMENT LICENCES IN LANDWARD AREAS

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