(1)  Where petroleum is discovered in a permit area, the permittee –

(a) shall forthwith inform the Minister of the discovery; and

(b) shall, within a period of 3 days after the date of the discovery, furnish to the Minister particulars in writing of the discovery.

(2)  Where petroleum is discovered in a permit area, the Minister may, from time to time, by instrument in writing served on the permittee, direct the permittee to furnish to him, within the period specified in the instrument, particulars in writing of any one or more of the following:

(a) the chemical composition and physical properties of the petroleum;

(b) the nature of the subsoil in which the petroleum occurs;

(c) any other matters relating to the discovery that are specified by the Minister in the instrument.

(3)  If a person to whom a direction is given under subsection (2) fails to comply with the direction, he is guilty of an offence and is liable on conviction to a fine not exceeding 100 penalty units.