What restrictions (if any) apply to the transfer or disposal of natural gas development rights or interests?
The holder of an oil agreement may transfer to another legal entity its acquired rights only under the prior written approval issued by NAMR. In the absence of a prior written approval from NAMR, any transfer of rights or interests shall be null. NAMR grants the approval of the transfer of such rights only if such rights are transferred to a legal entity which attests to its technical and financial capacity required to perform oil operations in compliance with the terms set forth by the oil agreement.
