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Paragraph 1 Interpretation

In these clauses, the following expressions have the following meanings—

  • “the Licensed Area” means the area for the time being in which the Licensee may exercise the rights granted by this licence;

  • “the Licensee” means the person or persons to whom this licence is granted, his personal representatives and any person or persons to whom the rights conferred by this licence may lawfully have been assigned;

  • “OGA” means the Oil and Gas Authority;

  • “Petroleum” includes any mineral oil or relative hydrocarbon and natural gas existing in its natural condition in strata but does not include coal or bituminous shales or other stratified deposits from which oil can be extracted by destructive distillation.