# The Petroleum Licensing (Exploration and Production) (Landward Areas) Regulations 2014, Paragraph 8: Power further to extend term of Licence

Extent: E+W+S+N.I.

Where this licence has continued in force by virtue of clause 7 of this licence for the Production Period, the OGA, on application being made to it in writing not later than one month before the expiry of such period, may agree with the Licensee that the Production Period shall be extended for such further period as the OGA and the Licensee may agree in order to secure the maximum economic recovery of Petroleum from the Licensed Area and subject to such modification of the terms and conditions of this licence (which modification may include making provision for any further extension of the term of this licence) as the OGA and the Licensee may then agree is appropriate.

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Source: https://www.legislation.gov.uk/uksi/2014/1686/schedule/2/paragraph/8 (the official version)
Page: https://openlegislation.uk/petroleum-licensing-exploration-and-production-landward-areas-regulations-2014/schedule-2/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.