(1) A titleholder must submit to the Regulator a proposed revision of the well operations management plan that is in force for a well in the title area at least 14 days before the end of the period of 5 years that begins on the latest of the following days:
(a) the day the Regulator first accepts the well operations management plan;
(b) a day the Regulator accepts a proposed revision of the well operations management plan submitted under this regulation;
(d) a day notified by the Regulator under subregulation (2).
(2) For paragraph (1)(d), if the Regulator accepts a proposed revision of a well operations management plan that was submitted under regulation 5.10 or 5.11, the Regulator may notify the titleholder that the period of 5 years mentioned in subregulation (1) starts on the day specified in the notice.