New South Wales Repealed Regulations

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This legislation has been repealed.

PETROLEUM (ONSHORE) REGULATION 2007 - REG 11A

Applications for renewal of petroleum titles: section 19 (2AA) and (2AB)

11A Applications for renewal of petroleum titles: section 19 (2AA) and (2AB)

(1) For the purposes of section 19 (2AA) (b) of the Act, in the case of an application for renewal of a petroleum title that relates to part only of the land comprised in the title, the prescribed manner of describing the land is by means of block references identifying the land, where the blocks in each 1:1,000,000 area are to be identified by numbering consecutively from west to east, commencing with 1 in the north-western corner and concluding with 3456 in the south-eastern corner.
(2) For the purposes of section 19 (2AB) (b) of the Act, an application for renewal of a petroleum title must be accompanied by the following information:
(a) particulars of the financial capability and relevant technical advice available to the applicant,
(b) a renewal justification statement, that is, a statement that contains the following information:
(i) details of the operations carried out on the land comprised in the title during the current term of the title, including the following:
(A) the types of operations carried out,
(B) a map showing the location of operations carried out,
(C) any expenditure incurred in relation to those operations,
(ii) a summary of the potential resources on the land comprised in the title,
(iii) a summary of the potential for the development of resources on the land comprised in the title,
(iv) a statement giving the reasons that the applicant considers the renewal to be justified,
(c) a work program for the proposed term of renewal that complies with the requirements of section 14 of the Act.



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