43 Shaikhdoms for the purpose of exploring or surveying the area of the option should be of British nationality; b. that any exploring or a surveying party in their travels would be definitely guided by the views of the Resident as to where they should go; c. that the Shaikh concerned should give a definite guarantee in writing (as to which he would be approached by the British political authorities) that he would be responsible for the safety of the exploring or surveying party d. that if it is desired during the currency of an m option to enter into negotiations with the Shaikh concerned for a concession, the prior approval of His Majesty‘s Government to the opening of negotiations would be sought and in the event of its being given, the conditions to be attached to any concession obtained, in order to safeguard Government interests, would be considered and the approval of any actual concession would be subject to acceptance by the Company of these conditions.11 After two years of geological surveying of Sharjah, Sheikh Sultan bin Saqr al-Qasimi on 17 September 1937 signed an agreement giving the Britishregistered Petroleum Concessions Limited Company the right to excavate for oil in the Emirate of Sharjah. By virtue of that agreement, Sheikh Sultan bin Saqr al-Qasimi was to get the following sums: 60,000 Rupees upon signing the agreement; 200,000 Rupees to be paid by the company after 60 days of the discovery of oil; 30,000 Rupees at the end of every year effective from the date of signing the agreement when the oil is discovered.12 That is how the revenues of Sharjah increased, and many craftsmen and workers were employed by the petroleum company. 11 Ibid., L.P.&S/12/3835, P.Z.354/1935. 12 Ibid., L.P.&S/12/3886, P.Z.7025/1937. MINERALS AND OIL IN SHARJAH
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