This Joint ASSESSMENT Agreement (“Agreement”) is entered into on this XX day of XX, XX in Beijing

 

 

XXXX (hereinafter referred to as “XXXX”), a Chinese enterprise and legal person duly organised and existing under the law of the People’s Republic of China (“XXXX”), with its headquarters in Beijing, China;

 

 

XXXX, a company duly incorporated and existing under the laws of the Republic of Liberia, with a branch office registered in Beijing, XXXX (hereinafter referred to as “XXXX”)

                                                                                                                                             

(Individually a “Party” and collectively the “Parties”).

 

 

 

 

XXXX visited Sichuan XXXX, a wholly owned subsidiary of XXXX, to collect samples from the Silurian Shale outcrop and discuss potential collaboration in shale gas;

 

 

Following several positive meetings on collaboration, XXXX and XXXX have agreed to jointly assess the area represented in the map in Annex 1 to this Agreement on the terms set out in this Agreement; and

 

Based on the principles of sincere cooperation and mutual benefit, the PARTIES Hereby AGREE as follows:

 

Unless the provisions of this Agreement otherwise provide, terms used herein shall have the following meanings:

 

“Affiliate” means, in respect of XXXX, its parent company, China XXXX and any subsidiary, branch or regional company or any other entity in which, directly or indirectly, XXXX holds 50% or more of the voting rights carried by its share capital.

  

“Affiliate” means, in respect of XXXX:   

(a) any entity in which XXXX directly or indirectly holds fifty percent (50%) or more of the voting rights carried by the share capital of such entity; or

(b) any entity which directly or indirectly holds fifty percent (50%) or more of the voting rights carried by the share capital of XXXX; or

(c) any other entity which directly or indirectly holds fifty percent (50%) or more of the voting rights carried by the share capital of an entity mentioned in (b) above.

 

“Data Package” means the data specified in Annex 2 currently existing and owned by XXXX

 

       “Effective Date” means the date of the Parties’ signature of this Agreement

 

“Government” means the government of the XXXX and the relevant provincial or local authorities, including but not limited to government ministries, the Civil Administration, government authorized agencies, government office and/or bureau which have jurisdiction over the Project Area.

 

“Joint Assessment” Means exploration and assessment and all associated work carried out within the Project Area in accordance with the Work Program and Budget.

 

“Joint Work Team” shall have the meaning ascribed to it in Article 6.2.

 

“ PSC:” shall mean a Production Sharing Contract

 

“Phase I” shall have the meaning ascribed to it in Article 4.1.

 

“Phase II” shall have the meaning ascribed to it in Article 4.2.

 

 “Project Area” means the area stipulated in Article 3.1 and described in Annex 1.

 

 “Steering Committee” means the committee stipulated in Article 6.1.

 

“Shale Gas” for the purpose of this Agreement, shall mean all natural gas stored in shale-targeted formations in the geological sub-surface identified for the Joint Assessment as described in Article 3.1 herein.

 

“Technical Coordinator” means staff assigned in accordance with Article 6.2.2.

 

“Work Program and Budget” means a work program and budget prepared by XXXX, and approved by the Steering Committee pursuant to Article 3.

 

We translated the file about Joint Assessment Agreement from Chinese into English.

 

 

 

本联合评估协议（以下简称“本协议”）由下列双方于XX年XX月XX日在北京签署：

中国XXXX有限公司（以下简称“XXXX”）,一家根据中华人民共和国（以下简称“中国”）法律组成和存在，总部住所地在中国北京市的公司；

和

XXXX中国有限公司,一家根据利比里亚共和国法律注册存在、在中国北京注册了分支机构的公司（以下简称“XXXX”）

（上述两家公司以下单独称为“一方”，合称为“双方”）。

 

鉴于：

XXXX已考察过四川XXXX公司，一家XXXX全资子公司，在志留系页岩露头区块采集了样本，并就页岩气合作进行过商讨；

鉴于：

经过数次有关合作事项的积极会面后，XXXX和XXXX同意按照本协议的规定就本协议附件1中列明的区域进行联合评估；

因此，双方本着真诚合作及互利的原则达成如下协议：

 

 

除非本协议另有规定，以下词语应有下述规定的含义：

“附属公司”对“XXXX”来说，指其母公司，即中国XXXX集团公司（以下简称“XXXX集团”），及直接或间接被XXXX控制的任何子公司，分支机构或地区公司或XXXX直接或间接拥有50%或超过50%的表决权的股份资本的任何实体。

“附属公司”对“XXXX”来说，指

（a）      XXXX直接或间接拥有50%或超过50%的表决权的股份资本的任何实体 ；

（b）     直接或间接拥有XXXX50%或超过50%的表决权的股份资本任何实体；

（c）      直接或间接拥有（b）款中提到任一实体的50%或超过50%的表决权股份资本的任何实体。

“资料清单”指现存在并由XXXX拥有的附加2中列明的数据资料。

“生效日”指双方在本协议上签名的日期。

“政府”指中华人民共和国政府以及相关省、市和地方政府，包括但不限于对项目区域拥有管辖权的政府各部委、行政公署或组织、授权机关、办公厅和/或局。

“联合评估”是指按照工作计划和预算在项目区域内进行的勘探和评价以及所有相关工作。

“联合工作小组”是指第6.2款所赋予的含义。

“PSC”指的是产品分成合同。

“第一期”是指第4.1款所赋予的含义。

“第二期”是指第4.2款所赋予的含义。

“项目区域”是指第3.1款规定及附件一所描述的区域。

“指导委员会”是指第6.1款规定的委员会。

“页岩气”在本协议中是指第3.1款中所描述而确认为应进行联合评估的、地下地质页岩层中所储存的所有天然气。

“技术协调员”是指根据第6.2.2款所指派的人员。

“工作计划和预算”是指由XXXX准备并起草、并由指导委员会根据本协议第三条批准的工作计划和预算。

 

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