Purchase And Sale Agreement Oil And Gas Template for Pakistan

1. Environmental Matters: Specific provisions for environmental liabilities and compliance, used when significant environmental risks exist

2. Employees and Labor: Provisions regarding transfer of employees, used when staff transfers are part of the deal

3. Tax Matters: Detailed tax provisions and allocations, used for complex tax structures

4. Decommissioning: Obligations regarding future decommissioning, used for mature assets

5. Joint Operating Agreement: Provisions relating to existing JOAs, used when assets are subject to joint operations

6. Government Participation: Provisions regarding government interests, used when state entities have rights or interests

7. Local Content: Provisions regarding local content requirements, used when specific Pakistani law requirements apply

1. Asset Schedule: Detailed description of all assets being transferred

2. Permits and Licenses: List of all governmental authorizations and licenses

3. Form of Transfer Documents: Templates for transfer instruments required at completion

4. Disclosure Schedule: Seller's disclosures against warranties

5. Environmental Reports: List and copies of environmental studies and assessments

6. Production Data: Historical production information and reserves data

7. Contracts Schedule: List of all related contracts being transferred

8. Employee Information: Details of any employees being transferred

9. Financial Statements: Relevant financial information for the assets

10. Completion Requirements: Detailed checklist of completion deliverables