"ملف ١/٥ III شركة نفط الكويت" [و‎‎٢‎١‎٥] (٧٦٦/٤٣٤)

NOTE
on the
( 2L\S> J
OIL CONCESSION FOR KUWAIT,
sufc^Mtod by Major P. Holase of th# Saatern & Geaaral Syndl-
cate Limited in July 1928 .
Ihis draft concession is the same as th# Bahrain Oil
Concession signed on the 2 nd December 192 b (of which a copy
was forwarded to this Political Agency under Residency en
dorsement M 0 . 78 -S dated the >rd March 1926 ), with the fol
lowing exceptions
Article Y.
Ihe area of the Mining Lease is 92 0 square miles in
stead of 10,000 acres•
Article VI,
"Within sixty days from the signature of this Agreement
the Company, in consideration of the assistance and protec
tion to be afforded to their employees, shall pay to the
Shaikh the sum of Rs*>0,ooo/- and & further sum of Rs* 20 , 000 ,
on each anniversary of the grant of an exploration lioence
throughout the currency of that licence, on the grant of a
prospecting licence, under Article III, the Company shall
pay the Shaikh a sum of Rs*2Q,ooo/-, and further the Company
shall pay ©£©/- on anniversary of the grant of a
prospecting licenoe**.
The rest of the Article is as in the Bahrain Concession
Article , VIII *_
For "He and his heirs and successors shall be its
guarantors and shall accept full responsibility for any
claims by any persons questioning the validity of any stipu
lation on this &ocount , . , substitute "He and his heirs and
successors shall be its guarantors, and that he and his
heirs and successors shall resist any attempt to question
the validity of this Agreement with their utmost power. H *
Article IX.
"The Company shall employ local native labour (Jfc i*e*
countrymen) under the supervision of the Company’s European