Petroleum Resources Act 2003 · இயற்றப்பட்டவாறு · Part III · Petroleum Resources Agreement, Exploration Blocks and Development Licences
18. Unit Development
அதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
Where a portion of a reservoir of petroleum resources is situated in another exploration block over which another Contractor has an interest and the entire reservoir of petroleum resources can together with such portion ; be move efficiently developed on a commercial basis, the PRDC may, for securing the more effective exploration or recovery of petroleum resources from such reservoir, by notice in writing to such other Contractor, require him to enter into an Unit
Development Agreement with such other parties for the joint development of the reservoir of petroleum resources.
(2)
Where —
(a)
two or more contractors enter into an Unit
Development Agreement, with the approval of the
PRDC, to conduct joint petroleum operations; or
(b)
it is a condition of the Development License issued to each of such Contractors, that they conduct joint petroleum operations in respect of a common petroleum reservoir situated within the boundaries of their several exploration blocks or the areas covered by their several Development Licenses, the PRDC may direct such Contractors to participate in Unit