MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 67M Area of land comprised in production licence
MINERAL RESOURCES DEVELOPMENT ACT 1995 - SECT 67M
Area of land comprised in production licence
(1) The area of land comprised in a petroleum production licence is to be, in the opinion of the Minister, sufficient (a) to allow the activities set out in the field development plan in respect of the licence to be carried out; and(b) to enable future petroleum production in relation to the petroleum field to which the field development plan relates; and(c) to enable future storage in any petroleum reservoir to which the licence relates.(2) The area of land comprised in a geothermal production licence is to be, in the opinion of the Minister, sufficient (a) to allow the activities set out in the development plan in respect of the licence to be carried out; and(b) to enable future development of the geothermal resource; and(c) to cover the extent of any geothermal reservoir that is specified in the application; and(d) to enable future storage in the geothermal reservoir.(3) Land comprised in a licence may be either or both of the following:(a) the same size as, or smaller than, the area of land in respect of which the licence was sought;(b) different in shape from the area of land in respect of which the licence was sought.(4) An area of land comprised in a licence must not include an area which (a) is subject to a licence of any kind in respect of the same minerals or category of minerals; or(b) is the subject of an application for a retention licence or a lease; or(c) is the subject of a retention licence or a lease.