PETROLEUM ACT 1998 - SECT 39 Details to be supplied with application

PETROLEUM ACT 1998 - SECT 39

In addition to complying with section 96, an applicant for a retention lease must submit details of—

        (a)     the area in respect of which the lease is sought; and

        (b)     the commercial viability of extracting petroleum from that area at the time the application is made; and

        (c)     the possible future commercial viability of extracting petroleum from that area.

S. 39A inserted by No. 20/2020 s. 10.