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Section 5
Additional Period
: The Contractor shall, at least ninety (90) days prior to the end of the second extended exploration period, complete any drilling, logging, testing, or shut-in operations in progress in connection with any oil well, or complete feasibility work, evaluate discovered petroleum, To prepare and submit a detailed development program and budget or to apply for a production permit or to determine the export market for petroleum obtained from the discovered sites in the contract area (arrangement of necessary facilities and infrastructures between the border of Nepal and the F.O.B. center for delivery to buyers outside Nepal) (even to do) If an application is submitted to the department to extend the period of investigation, the department may extend the period of investigation for a reasonable period (without extending it by ………….. days). The contractor shall determine the area where the work is in progress and shall leave the rest of the contract area which is not included in the production area.