PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 28
Property in petroleum produced
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 28
Property in petroleum produced
28 Property in petroleum produced
(1) If a person produces petroleum, it becomes the person’s property— (a)
if the petroleum is produced under this Act; or
(b) for coal seam gas—if it
is mined under the Mineral Resources Act , section 318CM or 747 .
(2)
However, subsection (1) is subject to— (a) any coordination arrangement or
storage agreement to which the person is a party; and
(b) any order of the
Land Court under section 116 ; and
(c) chapter 2 , part 6 , division 3 .
(3)
Subsection (1) does not cease to apply merely because the petroleum is
injected or reinjected into a natural underground reservoir.
