OMV MAURICE ENERGY LIMITED versus OCEAN PAKISTAN LIMITED
Section 20 and 4 Arbitration Agreement Petition to enter the court and arbitrate the matter Petroleum Concession Agreement and Petroleum Form-Out Agreement Applicants, on the basis of a Petroleum Concession Agreement between the Government and the Respondents. Contracting to conduct petroleum exploration operations Respondents signed an agreement for development treatment work between the parties, according to which the farm-out agreement was made under the form-out agreement and the dead assignment, the majority of the shares of the operation being 75 shares. Were transferred while the remaining minority shares were retained by the defendants Defendants were born out of non-participation in the work after exploration began on the basis of a default and farm-out agreement in the government dispute payment between the parties. That the forum for settlement of such disputes was arbitration arbitration, and that the respondents did not want to initiate arbitration, the respondents' position was that the transfer of the share of the proceedings to the applicants was illegal. The petition was challenged, and the defendants had initiated a civil lawsuit on the demand for payment, and in the presence of this constitutional petition and a civil suit, on the issue of the applicant's right to perform exploration. Cannot refer to arbitration and to revoke the formout agreement under validation of the dead assignment has been given. The deed assignment itself was issued on a farmout agreement basis, and it cannot be said that the assigned deadline terminated the responders of the formout agreement, based on the formout agreement
