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  1. Introductory Text

  2. 1.Citation, commencement and interpretation

  3. 2.Model Clauses

  4. Signature

    1. SCHEDULE 1

      Lines dividing Landward Areas from Seaward Areas

      1. 1.Except as provided by paragraphs 2 to 5, the line...

      2. 2.The lines dividing landward areas from seaward areas at the...

      3. 3.The lines dividing landward area from seaward areas between Cape...

      4. 4.The lines dividing landward areas from seaward areas in the...

      5. 5.Subject to the provisions of paragraphs 2 to 4, the...

      6. 6.The line dividing the Shetland Islands and the waters adjacent...

      7. 7.In this Schedule the expression “low water line” means the...

    2. SCHEDULE 2

      Model clauses for petroleum exploration and development licences

      1. 1.Interpretation

      2. 2.Right to search and bore for and get Petroleum

      3. 3.Term of Licence

      4. 4.Determination of Licence during Initial Term where a Drill-or-Drop Period is specified

      5. 5.Option to continue Licence as to part of the Licensed Area

      6. 6.Extension of the Initial or Second Term

      7. 7.Continuance of Licence after the Second Term (5)

      8. 8.Power further to extend term of Licence

      9. 9.Right of Licensee to determine Licence or surrender part of Licensed Area

      10. 10.Consequences of determination or surrender by Licensee

      11. 11.Provision of contact details to Minister

      12. 12.Payment of consideration for Licence

      13. 13.Measurement of Petroleum obtained from the Licensed Area

      14. 14.Keeping of accounts

      15. 15.Working obligations

      16. 16.Retention Areas

      17. 17.Development and production programmes

      18. 18.Provisions supplementary to clause 17

      19. 19.Development areas

      20. 20.Commencement and abandonment and plugging of Wells

      21. 21.Distance of Wells from boundaries of Licensed Area

      22. 22.Control of Development Wells

      23. 23.Provision of storage tanks, pipes, pipelines or other receptacles

      24. 24.Avoidance of harmful methods of working

      25. 25.Appointment of operators

      26. 26.Fishing and navigation

      27. 27.Training

      28. 28.Unit development

      29. 29.Licensee to keep records

      30. 30.Returns

      31. 31.Licensee to keep samples

      32. 32.Reports to be treated as confidential

      33. 33.Inspection of records, etc

      34. 34.Rights of access

      35. 35.Power to execute works

      36. 36.Right of distress

      37. 37.Diligence

      38. 38.Indemnity against third party claims

      39. 39.Advertisements, prospectuses, etc

      40. 40.Restrictions on assignment, etc

      41. 41.Power of revocation

      42. 42.Power of partial revocation

      43. 43.Power of partial revocation in respect of parts of the Licensed Area which are not Retention Areas or Development Areas

      44. 44.Arbitration

    3. SCHEDULE 3

      Model clauses for landward petroleum exploration licences

      1. 1.Interpretation etc

      2. 2.Grant of Licence

      3. 3.Prospecting methods

      4. 4.Term of Licence

      5. 5.Right of Licensee to terminate licence

      6. 6.Provision of contact details to Minister

      7. 7.Payment of consideration for licence

      8. 8.Avoidance of harmful methods of working

      9. 9.Fishing and navigation

      10. 10.Licensee to keep records

      11. 11.Returns

      12. 12.Reports to be treated as confidential

      13. 13.Inspection of records etc

      14. 14.Rights of access

      15. 15.Power to execute works

      16. 16.Indemnity against third-party claims

      17. 17.No transfer, assignment or sub-licence

      18. 18.Power of revocation

      19. 19.Power of partial revocation

      20. 20.Arbitration

  6. Explanatory Note