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1) The process used to ensure that the oil company accomplishes exploration emicimy a) Appraisal b) Gauging c) Relinquishment 2) The fiscal toolkits are: a)

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1) The process used to ensure that the oil company accomplishes exploration emicimy a) Appraisal b) Gauging c) Relinquishment 2) The fiscal toolkits are: a) Common for all types of contracts b) Differ from contract type to another c) Are distinct in a particular type of contract 3) Service fees are: a) The compensation paid by a state to an IOC for the performance of services under a risk service contract b) The compensation paid by a state to an operator for the performance of services under a risk service contract

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