Contracting Strategy - Exploration well
Contract documents have to be concise, clear and complete. "grey areas" will lead to disputes over what was the original intention (especially when personnel involved in clarification meetings are no longer with the operation).
All contractor on site must be covered by compatible liability clauses but the scope of work and the type of contractor has to be taken into account. A local contractor cannot be expected to sign, or even understand, a similar contract with a major drilling contractor. A one page contract should be sufficient for this purpose.
Contract strategy should be developed . . .