private confidential draft for discussion 09th feb 2017 draft model revenue sharing contract mrsc between the government of india and xyz with respect to contract area identified as block table ...
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...Private confidential draft for discussion th feb model revenue sharing contract mrsc between the government of india and xyz with respect to area identified as block table contents article definitions participating interests license exploration period relinquishment work programme management committee operatorship joint operating agreement general rights obligations parties assistance discovery development production petroleum lease unit measurement protection environment share taxes royalties rentals duties etc domestic supply sale disposal export natural gas crude oil condensate common infrastructure valuation employment training transfer technology local goods services insurance indemnification records reports accounts audit information data confidentiality inspection security title assets assignment interest guarantees term termination force majeure applicable law language sole expert conciliation arbitration change status companies entire amendments waiver miscellaneous certificat...