(1) The registered holder of a declared petroleum exploration permit may apply to the Minister for approval to carry on one or more key petroleum operations under the permit.
(2) If an application for approval is made under subsection (1), the Minister may—
(a) give the approval; or
(b) by written notice given to the applicant, refuse to give the approval.
(3) In deciding whether to give the approval, the Minister must comply with sections 79 and 80.