PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 43B
PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 43B
43B . Application for drilling reservation
(1) An application
under section 43A or 105(3)(a)(ii) —
[(a) deleted]
(b)
shall be made in an approved manner; and
(c)
shall be in respect to a block or blocks containing potential sites of
petroleum deposits or geothermal energy resources, as the case requires; and
(d)
shall be accompanied by particulars of —
(i)
the proposals of the applicant for the drilling of a well
or wells and other work in respect of the block or blocks specified in the
application; and
(ii)
the technical qualifications of the applicant and of the
employees of the applicant; and
(iii)
the technical advice available to the applicant; and
(iv)
a statement as to the size and configuration of the
potential petroleum deposit or geothermal energy resources, as the case
requires and a geological prognosis of the well; and
(v)
a statement of the approximate time of the completion of
the well; and
(vi)
the financial resources available to the applicant;
and
(e) may
set out any other matters that the applicant wishes the Minister to consider;
and
(f)
subject to section 43A(3), shall be accompanied by the prescribed fee.
(2) The number of
blocks specified in the application shall be not less than one.
(3) If more than one
block is available the blocks specified in the application shall be blocks
that are constituted by graticular section that —
(a)
constitute a single area; and
(b) are
such that each graticular section in that area has a side in common with at
least one other graticular section in that area.
(4) The Minister may,
at any time, by instrument in writing served on the applicant, require him to
furnish, within the time specified in the instrument, further information in
writing in connection with his application.
[Section 43B inserted: No. 78 of 1990 s. 6;
amended: No. 28 of 1994 s. 18; No. 35 of 2007 s. 28; No. 42 of 2010 s. 19.]