Part II I1

“The Act of 1934” and “the Act of 1998” mean, respectively, the Petroleum (Production) Act 1934^f1 and the Petroleum Act 1998^f2.

The “Regulations” mean the Petroleum (Production) Regulations 1935.

“Licensee” means a person to whom a licence under the Act is granted his successors in title and the persons deriving title under him.

“The licensed area” means the area for the time being upon which the Licensee may exercise powers and privileges granted by this licence.

“Petroleum” includes any mineral oil or relative hydrocarbon and natural gas existing in its natural condition in strata, but does not include coal or bituminous shales or other stratified deposits from which oil can be extracted by destructive distillation.

“Crude oil” means oil in its natural state before the same has been refined or otherwise treated but excluding water and foreign substances.

“Natural gas” means gas obtained from boreholes and wells and consisting primarily of hydrocarbons.

“Casinghead petroleum spirit” means any liquid hydrocarbons obtained from natural gas by separation or by any chemical or physical process.

“Ancillary right” means any facility right or privilege other than the rights granted by this licence at any time vested in the Licensee in respect of any part of the licensed area.

“The Minister” means the Secretary of State.