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FUNDING AGREEMENT COFOUNDED GOVERNMENT INDUSTRY DRILLING PROGRAM June 2024 May 2025THE STATE OF WESTERN AUSTRALIA ACTING THROUGH DEPARTMENT OF ENERGY, MINES, INDUSTRY REGULATION AND SAFETYAndRECIPIENT

How to fill out co-funded drilling program closing

How to fill out co-funded drilling program closing

1. To fill out the co-funded drilling program closing, follow these steps:
2. Gather all the necessary information and documentation related to the drilling program.
3. Open the co-funded drilling program closing form.
4. Begin by entering the program details, such as program name, start and end dates, and funding sources.
5. Provide a brief summary of the drilling program, outlining its objectives and goals.
6. Enter the total cost of the drilling program and the amount being funded by various sources.
7. Fill out the financial details section, including the breakdown of expenses and funding received.
8. Ensure that all information is accurately filled out and there are no errors or discrepancies.
9. Review the completed form to verify all the entered details.
10. Sign and date the form, indicating your approval and agreement with the information provided.
11. Submit the filled-out form to the designated authority or department responsible for the co-funded drilling program closing.

Who needs co-funded drilling program closing?

1. Co-funded drilling program closing is needed by organizations or individuals involved in co-funded drilling programs.
2. This may include drilling companies, government agencies, research institutions, or non-profit organizations.
3. Anyone who has participated in a co-funded drilling program and needs to formally close the program and document the financial details would require co-funded drilling program closing.

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What is co-funded drilling program closing?

A co-funded drilling program closing refers to the completion and finalization of a drilling program where costs are shared or funded by multiple parties. This process ensures that all financial obligations and contributions are accounted for before the program is considered closed.

Who is required to file co-funded drilling program closing?

Operators or companies that participated in the co-funded drilling program and have incurred expenses or received funding are required to file the closing documentation.

How to fill out co-funded drilling program closing?

To fill out the co-funded drilling program closing, participants must provide detailed financial records, delineate costs incurred, identify funding received, and submit the required forms along with supporting documents to the relevant regulatory authority.

What is the purpose of co-funded drilling program closing?

The purpose of co-funded drilling program closing is to finalize the financial accounting for the drilling activities, ensure transparency among co-funders, verify that all costs were appropriately allocated, and to fulfill legal and regulatory requirements.

What information must be reported on co-funded drilling program closing?

Key information that must be reported includes total drilling costs, contributions from each co-funder, detailed expense breakdowns, any discrepancies, and overall project outcomes.