202020Dec

Well Services Agreement

In view of the above and the reciprocal pacts and agreements set out in it, the contracting parties agree to: 4.6 Rates of standby time with the crews: ” – by twenty-four (24) hours. On-call time must be defined to cover the period during which the facility is closed when it is ready to start or resume operations, but the contractor is awaiting orders from the operator or materials, services or other goods that must be made available by the operator. The contractor sets an additional invoice to the operator indicating the amount owed for the services provided, the costs and the reimbursable costs incurred by the contractor on behalf of the operator in connection with this subsence, which must be supplemented by supporting documents and receipts. Except to the extent that they are challenged in good faith by the operator, the operator pays, within thirty (30) days after receipt of the invoice, the full payment of the uncontested part of the invoice, through a cheque to be paid to the contractor in his office. In the event that the operator disputes in good faith the amount of an invoice, he must inform the contractor of this dispute within thirty (30) days after receiving the invoice and pay any undisputed amount of the invoice within that thirty (30) days. No payment of a disputed or undisputed amount is considered a waiver of the operator`s rights, including the right to later challenge the payment and obtain a refund. 4.3 Moving rate: During the period during which the facility is at the entrance or from a drilling site or between drilling sites beginning on Rig Release, the operator pays by twenty-four (24) hours. Plus the actual cost of trucks, receipts and permits and $4500 (one-time lump sum per move) for contractors a sum of $22,100 – Man-Lifts, Light Masts and String-Up/String-Down Services. In carrying out the duties of this agreement, the contractor cannot employ staff whose employment is contrary to existing labour laws.

The contractor accepts that the company reserves the right to deny access to the company`s facilities or property to any employee, representative, representative or guest of the contractor and, at the request of the contractor, the contractor will withdraw from the property or facilities of the company, at the sole expense and at the expense of the contractor, any employee, representative, representative or guest of the contractor. Notwithstanding the above, the companies and contractors agree that the company has no right to terminate, dismiss, discipline or assign another mandate or condition to the employment of a contractor`s staff member. Any decision to terminate, lighten, discipline or assign another mandate or condition to the employment of a staff member, representative, representative or guest of the contractor is therefore the sole action of the contractor and the company therefore assumes no responsibility. The contractor undertakes and undertakes that any employee, representative, representative or former employee, representative or guest collaborator of the contractor, will make claims or means of action against the company resulting from the company`s refusal to access that employee, representative, representative or guest (or withdrawal of it, at the request of the company), PROTECT has: DEFEND, INDEMNIFY, AND HOLD HARMLESS Company Group (as defined in Appendix “A”) of all claims, commitments, claims and causes of prosecution, of any kind, legal, fair or administrative, including legal and other costs, without limitation, to the extent most permitted by law, , in whole or in part, to COMPANY GROUP