JOINT ORDER OF THE MINISTRY OF THE OIL AND GAS INDUSTRY OF THE REPUBLIC OF KAZAKHSTAN AND MINISTRY OF GEOLOGY AND PROTECTION OF THE SUBSOIL OF THE REPUBLIC OF KAZAKHSTAN

of June 2, 1995 No. 63/121-P

About enforcement of the Regulations on procedure for liquidation of oil, gas and other wells and write-off of costs for their construction

For the purpose of increase in the economic responsibility of the oil-and-gas and prospecting production enterprises which are engaged in operation of oil fields, gas and other liquid minerals and construction of deep wells, streamlinings of questions of observance of rules and methods of development of oil fields, gas iodine-bromine, heat power, etc. waters, and also strict accomplishment of legal acts of the Republic of Kazakhstan on use and protection of subsoil I ORDER:

1. Enact Regulations on procedure for liquidation of oil, gas and other wells and write-off of costs for their construction.

2. To the oil-and-gas and prospecting production enterprises and the organizations, the State-owned Holding Companies (SOHC), the joint-stock companies (JSC), the joint businesses (JB), offices of the ministries to accept the enclosed Provision to management and execution.

3. Declare invalid Provisions, regulating and instructive documents on these questions approved by Minneftegazprom, Mingeo and Gosgortekhnadzor of the former USSR.

4. To the oil-and-gas and prospecting production enterprises to develop (in a month) the standard projects of insulating and liquidating works tied to specific geological specifications and approved with local authorities of the Komgortekhnadzor.

5. To impose control of execution of this order on the relevant services of the office of the ministries, and also territorial administrations of protection and use of subsoil of the Ministry of geology and protection of subsoil of the Republic of Kazakhstan.

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