$1.5m back from Morocco8 Aug 2020 13:07
The Company has provided a Bank Guarantee of US$1.5 million that is refundable conditional on the completion of the Minimum Work Programme set out in the the terms of the Petroleum Agreement and Association Contract
Plus :-
There are no signature bonuses but production bonuses in the form of cash payments exist with a maximum one-off payment of US$5,000,000 on production greater than 30,000 BOE/day. A discovery bonus of US$1,000,000 is also payable
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