PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 126
PETROLEUM (SUBMERGED LANDS) ACT 1982 - SECT 126
126—Property in petroleum
Subject to this Act and to any rights of other persons, upon recovery of any
petroleum by a permittee, lessee or licensee in the permit area, lease area or
licence area, the petroleum becomes the property of the permittee, lessee or
licensee.