However, the adaptation of the unitization principles elaborated by the international oil and gas industry is worth considering. |
No unitization or joint development agreements have been necessary to date. |
No understanding is in place to deal with possible transboundary oil and gas resources, such as unitization and joint development arrangements. |
Some delegations attached importance to the application of equitable principles, as well as to the principle of unitization. |
In the absence of explicit retrieval cues, pair recall will be facilitated by factors that promote unitization of each pair. |
A unitization agreement would allow parties to jointly develop the field in exchange for a predetermined share of the end product. |