PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 44

PETROLEUM AND GEOTHERMAL ENERGY RESOURCES ACT 1967 - SECT 44

44 .         Discovery of petroleum or geothermal energy resources to be notified etc.

        (1)         Where petroleum is discovered in a petroleum permit area or petroleum drilling reservation, as the case may be, the permittee or the holder of the drilling reservation, as the case requires —

            (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.

        (1a)         If geothermal energy resources are discovered in a geothermal permit area or geothermal drilling reservation, the permittee or the holder of the drilling reservation, as the case requires —

            (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.

        (1b)         If —

            (a)         petroleum is discovered in a geothermal permit area or geothermal drilling reservation; or

            (b)         geothermal energy resources are discovered in a petroleum permit area or petroleum drilling reservation,

                the permittee or the holder of the drilling reservation, as the case requires, shall, within a period of 3 days after the date of the discovery, furnish to the Minister particulars in writing of the discovery.

        Penalty for an offence under subsection (1), (1a) or (1b): a fine of $10 000.

        [(2)         deleted]

        [Section 44 amended: No. 12 of 1990 s. 30; No. 78 of 1990 s. 7; No. 35 of 2007 s. 30; No. 42 of 2010 s. 22.]

[ 45.         Deleted: No. 42 of 2010 s. 23.]