Commonwealth Consolidated Regulations

OFFSHORE PETROLEUM AND GREENHOUSE GAS STORAGE (RESOURCE MANAGEMENT AND ADMINISTRATION) REGULATIONS 2011 - REG 3.10

  (1)   For regulation   3.03, the required information from a greenhouse gas holding lessee is:

  (a)   a description of work and expenditure commitments as detailed in the lease; and

  (b)   for all work, evaluations and studies carried out in relation to the lease:

  (i)   the total expenditure of the work, evaluation and studies; and

  (ii)   the results of the work, evaluation and studies; and

  (c)   a list of the reports submitted to the responsible Commonwealth Minister in accordance with these Regulations during the year; and

  (d)   details of the lessee's plans for further evaluation work, including work that is to be carried out in the lease area; and

  (e)   for the work, evaluations and studies expected to be carried out in relation to the lease during the next year of the lease:

  (i)   a description of work commitments and expenditure estimates; and

  (ii)   a description of the measures taken by the lessee to prepare for the work mentioned in subparagraph   (i); and

  (f)   any other information that is required to be included in the annual title assessment report by a condition of the lease.

  (2)   An annual title assessment report may include any other information that the lessee believes is relevant to the greenhouse gas holding lease.