مجموعة ٦/ ٤٨ "النفط: امتيازات في المملكة العربية السعودية. (الأحساء)" [و‎‎١‎٠] (١١٥٣/١٩)

7
a fair one with respect to the customary use made of the land by the occupant.
The Government will lend every reasonable assistance to the Company in case
of any difficulties with respect to acquiring the rights of a surface occupant.
The Company, of course, shall have no right to acquire or to occupy Holy
Places.
s Article 26.
The Company shall supply the Government with copies of all topographical
maps and geological reports (as finally made and approved by the Company)
relating to the exploration and exploitation of the area covered by this contract.
The Company shall also furnish the Government, within four months after the
end of each year, commencing with the date of commercial discovery of oil, a
report of the operations under this contract during the year. These maps and
reports shall be treated as confidential by the Government.
Article 27.
Xo failure or omission on the part of the Company to carry out or to
perform any of the terms or conditions of this contract shall give the Govern
ment any claim against the Company, or be deemed a breach of this contract,
in so far as such failure or omission may arise from force majeure. If through
force majeure the fulfilment of any term or condition of this contract should
be delayed, the period of the delay, together with such period as may be required
for the restoration of any damage done during sucih delay, shall be added to
the terms or periods fixed in this contract.
Article 28.
The Company may terminate this contract at any time by giving the Govern
ment thirty days’ advance notice in writing, whether by letter or by telegraph,
provided that the telegraphic notice is promptly confirmed by letter. Upon the
termination of this contract through such notice, or through any other cause,
the Government and the Company shall thereafter be free of all further obliga
tions under this contract, except as follows :—
(1) The Company’s immovable property, such as roads, water or oil wells
with their casings, permanent buildings and structures, &e., shall
become the property of the Government free of charge.
(2) The Company shall afford the Government an opportunity to purchase
the movable property of the enterprise in Saudi Arabia at a fair price
equal to the replacement value of such property at the time less
depreciation. Any controversy about this fair price shall be settled
by arbitration in the same manner as provided in article 31 of this
contract. If the Government declines or fails, within two months
following the date of the termination of this contract, to purchase such
movable property, or if the Government fails to tender the purchase
price within thirty days after it has been decided upon, by agreement
or by arbitration, the Company shall then have six months within
which to remove such property.
(3) If, in accordance with article 7 of this contract, there is any unrecovered
amount still due the Company, the provisions of article 7 shall remain
in force until the obligation therein mentioned has been satisfied.
Article 29.
In case of the breach by the Company of its obligation to make the second
loan of £20,000 gold, or its equivalent/ as provided in article 6 hereof, or
of its obligation to commence operations connected with drilling as set forth in
article 10 hereof, or of its obligation to make the two advances each of £50,000
gold, or the equivalent, under the terms and conditions provided in article 11
hereof, or of its obligation under article 30 hereof to pay the amount of any
damages which may be assessed upon the Company, the Government s remedy
shall be the right to give the Company notice at once of such breach, and there
upon, if the Company does not take immediate steps to comply with the obligation
so breached, the Government may terminate this contract.