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Startup Exploration Contract Timeline

The document outlines key dates and deadlines for a contract involving exploration. It establishes an effective date of March 13th, 2017 and gives 90 calendar days from a ruling on DOF to sign contracts. It also establishes transition and exploration periods with related deadlines for submitting and approving plans and delivering contract areas.

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Paris Torres
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5 views2 pages

Startup Exploration Contract Timeline

The document outlines key dates and deadlines for a contract involving exploration. It establishes an effective date of March 13th, 2017 and gives 90 calendar days from a ruling on DOF to sign contracts. It also establishes transition and exploration periods with related deadlines for submitting and approving plans and delivering contract areas.

Uploaded by

Paris Torres
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Effective Date

(March 13th, 2017)

Within 90
CONTRACTS Calendar Days
following the
SIGNATURE publication of the
ruling on DOF.

Deadline to deliver the


Contractual Area by CNH
(August 25th, 2017)

Beginning on Effective
Date a 120 Business Days
period will begin during
TRANSITION the Contract Area will be Deadline to approval the
STAGE FOR delivered to the Contractor sufficiency of information by CNH
by the CNH. Includes the (October 13th, 2017)
STARTUP submission of the
Environmental and Social
Evaluation Plan. Deadline to deliver the Deadline to approval the
Exploration Plan by Contractor Exploration Plan by CNH
(August 25th, 2017) (February 13th, 2018)

The CNH will grant or


Within 180 Calendar Beginning on
deny its approval of the
Days following the submission date of
proposed Exploration Plan
Effective Date, the the Exploration Plan
EXPLORATION Contractor shall the CNH will have 35
within a period not
exceed 120 Calendar Days
PLAN submit the Business Days to
following the receipt of
Exploratron Plan to approval sufficiency
the necessary information
the CNH for its of information
pursuant to the
approval submitted.
Applicable Laws.

The Initial Exploration Period


shall have duration of up to 4
INITIAL Years from the Exploration Plan
Approval. The contractor shall
EXPLORATION be required to complete, at
least, the corresponding
PERIOD Minimum Work Program and
the Minimum Program Increase
during the Exploration Period.

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