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Applicable to all Oil & Gas Operators GUIDELINES FOR GRANT OF PERMIT TO ACCESS FLARE GAS Code: DPR Guide 0007 - 2020 Revision Date: 1st August 2020

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Applicable to all Oil & Gas Operators  
GUIDELINES FOR GRANT OF PERMIT TO ACCESS FLARE GAS 
Code: DPR Guide 0007 - 2020 
 
Revision Date: 1st August 2020 
 
 
This is a property of the Department of Petroleum Resources. All rights reserved  
19 
g. In the event that a Permit Holder elects to install a Chromatograph, applicable 
operations and maintenance fee shall be agreed between the Producer and the 
Permit Holder as provided for in the Connection Agreement. 
SCHEDULE C - BONDS 
1. 
Bid Bond 
a. 
A Bid Bond must accompany each Proposal, and for each of Multiple Proposals if a 
Bidder is submitting more than one Proposal. 
b. 
The Bid Bond shall remain valid for a period not less than six (6) months after the 
bid submission due date. In the event that a Bidder is not selected as the Preferred Bidder 
or Reserve Bidder, the Bid Bond will be returned to such Bidder. Once a Bid Bond has 
been returned to a Bidder, the Bidder ceases to be a participant in the bid process for 
which that Proposal had been submitted. 
c.  
To retain its status as a Preferred Bidder, a Preferred Bidder shall ensure that its 
Bid Bond remain valid until he provides a Milestone Bond as specified in the Milestone 
Development Agreement. The Bid Bond will be returned once the Milestone Bond has 
been received. 
d. 
The Bid Bond shall be a 1% of the estimated Project capital expenditures (capex) 
subject to a maximum of US$1,000,000. The Project capex is calculated by multiplying the 
maximum proposed daily Contracted Flare Gas Quantity in Mscf/d by the unit capex in 
US$/Mscf of the selected Flare Gas-to-Market Technology as specified in the table below.