(1) A petroleum production licence remains in force indefinitely.
(2) Subsection (1) has effect subject to this Chapter.
Notes
1 For special rules about the duration of licences granted over individual blocks, see section 179(3).
2 For the revocation of an initial petroleum production licence mentioned in section 178, see section 179(4).
3 For a special rule about when a petroleum production licence ceases to be in force following the grant of a petroleum retention lease, see section 140.
4 For the surrender of a petroleum production licence, see Part 2.12.
5 For the cancellation of a petroleum production licence, see Part 2.13.
6 For the termination of a life‑of‑field petroleum production licence if there have been no recovery operations for 5 years, see section 163.