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Schedule 4 MODEL CLAUSES FOR SUPPLEMENTARY SEISMIC SURVEY LICENCES IN LANDWARD AREASF1

United Kingdom

  1. 1Interpretation
  2. 2Right to search for petroleum by undertaking seismic surveys
  3. 3Term of licence
  4. 4Automatic termination of licence
  5. 5Payment of consideration for licence
  6. 6Seismic surveys
  7. 7Licensee to keep records
  8. 8Returns
  9. 9Reports to be treated as confidential
  10. 10Power to inspect records
  11. 11Indemnity against third party claims
  12. 12Agreement not to assign
  13. 13Power of revocation
  14. 14Arbitration

Annotations

Textual amendments

F1

Regulations (except reg. 9(2)(c), Sch. 5) cease to have effect (for specified purposes) (30.6.2015) by The Petroleum Licensing (Applications) Regulations 2015 (S.I. 2015/766), regs. 1, 3 (with reg. 4(7))