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Schedule 3 MODEL CLAUSES FOR EXPLORATION LICENCES IN LANDWARD AREAS

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

  • Sch. 3 incorporated in part (with modifications) (temp.) by Petroleum Act 1998 s. 5 Sch. 1 para. 25-27
  1. 1Interpretation
  2. 2Right to search and bore for petroleum and get petroleum in the course of exploration
  3. 3Term of licence
  4. 4Right of Licensee to determine licence or surrender part of licensed area
  5. 5Consequences of determination or surrender by Licensee
  6. 6Automatic termination of licence
  7. 7Payment of consideration for licence
  8. 8Working obligations
  9. 9Short term and extended testing
  10. 10Commencement and abandonment and plugging of wells
  11. 11Distance of wells from boundaries of licensed area
  12. 12Further controls on wells
  13. 13Provision of storage tanks, pipes, pipelines or other receptacles
  14. 14Avoidance of harmful methods of working
  15. 15Fishing and navigation
  16. 16Appointment of operators
  17. 17Training
  18. 18Licensee to keep records
  19. 19Returns
  20. 20Licensee to keep samples
  21. 21Reports to be treated as confidential
  22. 22Inspection of records etc.
  23. 23Rights of access
  24. 24Power to execute works
  25. 25Indemnity against third party claims
  26. 26Advertisements, prospectuses etc.
  27. 27Agreement not to assign
  28. 28Power of revocation
  29. 29Arbitration