Transcription of CROSS-BORDER UNITIZATION AND JOINT DEVELOPMENT …
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UNITIZATION EIC EDITS 3/21/2007 9:17:41 AM 355 CROSS-BORDER UNITIZATION AND JOINT DEVELOPMENT AGREEMENTS: AN INTERNATIONAL LAW PERSPECTIVE* Ana E. Bastida, Adaeze Ifesi-Okoye, Salim Mahmud, James Ross, and Thomas W lde** I. BASIC 360 A. Sources of International Law ..360 B. Sovereignty, Territory, and Boundaries ..362 II. DELIMITATION OF INTERNATIONAL MARITIME 364 A. Delimitation of the Continental Shelf ..364 B. Delimitation of the Exclusive Economic C. The Concept of CROSS-BORDER UNITIZATION ..370 D. The Concept of JOINT Petroleum DEVELOPMENT Agreements ..370 E. Rules Applicable to Develop Common III. IS THERE AN OBLIGATION TO COOPERATE UNDER CUSTOMARY INTERNATIONAL LAW? .. 375 A. International Case Law ..381 * This Article is a continuation of the Article titled Unitizing Oil and Gas Fields Around the World: A Comparative Analysis of National Laws and Private Contracts, published in Volume 28 of the Houston Journal of International Law.
unitization” and “joint petroleum development.” Both cross-border unitization and joint petroleum development are cooperative practices designed to preserve the unity of the deposit while respecting the inherent, sovereign rights of the interested states.7 However, cross-border unitization in the strict sense covers situations where a ...
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