PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 371 Obligation of coal or oil shale exploration tenement holder to negotiate
PETROLEUM AND GAS (PRODUCTION AND SAFETY) ACT 2004 - SECT 371
Obligation of coal or oil shale exploration tenement holder to negotiate371 Obligation of coal or oil shale exploration tenement holder to negotiate
The coal or oil shale exploration tenement holder must, if asked by the petroleum lease holder, make reasonable attempts to reach an agreement with the petroleum lease holder about the matters mentioned in section 370 (1) (b) that provides the best resource use outcome without significantly affecting the parties’ rights or interests.
Note—See also part 8 (Confidentiality of information).