File 2794/1921 Pt 8 'Persian Gulf: oil; Bahrain: Installation of radio-telephone by Bahrain Petroleum Company' [‎220r] (323/436)

4
or his representative to enable a representative of the Shaikh lo be present during
such alteration.
jXb.° The Company shall keep full and correct accounts of all crude oil measured
as aforesaid and the said representative of the Shaikh shall have access at all
reasonable times to the books of the Company containing such accounts and shall be
at liberty to make extracts therefrom and the Company shall at its own expense
within three calendar months after the end of each calendar year deliver to the
Shaikh an abstract of such accounts for such yeai and a statement of the amount of
royalty due to the Shaikh for such year. Such accounts shall be treated as confidential
by the Shaikh with the exception of such figures therein as he may be required by
law to publish.
X. The licensees shall take all practical measures to prevent an injurious access
of water to any oil-bearing formations which may be encountered either while
operations are m progress or upon the abandonment of any well.
THIRD SCHEDULE.
Mining Lease.
Article I.
The Shaikh hereby grants to the Company on behalf of himself and his
successors the exclusive right for a period of fifty-five years to prospect and drill
for, extract, treat, refine, manufacture, transport and deal with petroleum products,
naphtha, natural greases, tar, asphalt, ozokerite, and other bituminous materials,
within the area or areas described in words in the first schedule to this lease and
delineated on the map attached as the second schedule thereto. Such right, however,
shall not include the exclusive right to sell such products within the leased area. He
also grants the Company the exclusive right to construct and operate refineries and
storage tanks within this area and also the right, but not the exclusive right, to
construct, erect, and operate pipe-lines, refineries and storage tanks, railways, wharves
and jetties, tramways, roads, buildings, machinery, and telegraph apparatus of all
kinds in any part of the territory under the control of the Shaikh so far as may be
necessary for the purpose of their business.
The Company shall have the right to prospect for, collect and use free anywhere
within the leased area, but not to export or sell, stone, gypsum, salt, sulphur, clay,
w'ood, and water, whether from rivers or springs, for the purpose of their work.
The selection of routes and sites for such works and the course of the pipe-line
shall rest with the Company.
Article II.
The Shaikh grants gratuitously to the Company all uncultivated land belonging
to him w r hich may be needed by the Company for their operations.
In the lands so granted the Company shall for the period of their Agreement
enjoy full proprietary rights.
Ihe Shaikh also recognises that the Company has the right to acquire all and
any other lands and buildings necessary for the said purpose with the consent of the
proprietors on such conditions as may be arranged between the Company and the
said proprietors without their being allow r ed to make demands of a nature to surcharge
the prices ordinarily current for lands and buildings situated in their respective
localities.
At the expiry of the Agreement the ground and all immovable property left by
the Company shall be handed back to the Sheikh.
It is, however, understood that within the leased area the Company shall be
entitled to acquire only such land as is necessary for their pipe-lines, refineries, offices,
and other works and that save in so far as it is necessary in order to enable their pipe
lines and railways to pass freely to their destination they shall not occupy any land
outside the leased area which might otherwise be leased for the production of oil to
a third party, unless they can satisfy the Shaikh that no other land suitable for their
purpose is available.
Added under provisions of Indenture of 15th February 1933 (No. Ill on pages 8—9 below).