continuous operations clause

continuous-operations clause. Oil & gas. A provision in an oil-and-gas lease giving the lessee the right to continue any drilling well that was begun before the lease expired and to begin drilling more wells. See OPERATIONS CLAUSE.

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词条贡献者

法律翻译Bernardine，毕业于新加坡知名法学院，专注翻译各类与文娱与体育有关的法律文件。