Petroleum Act definition
Examples of Petroleum Act in a sentence
All petroleum as defined in the Petroleum Act 1967 on or below the surface of the land the subject of this lease is reserved to the Crown in right of the State of Western Australia with the right of the Crown in right of the State of Western Australia and any person lawfully claiming thereunder or otherwise authorised to do so to have access to the land the subject of this lease for the purpose of searching for and for the operations of obtaining petroleum (as so defined) in any part of the land.
A reference in this Agreement to the Petroleum Act or any other statute or any provision or clause thereof shall be read (unless otherwise provided in this Agreement) as though the words ‘including any statutory amendment or modification thereof any statutory provision substituted thereof, re-enactment or replacement thereof and any rules, regulations, by laws and instruments or other documents made pursuant thereto’ were added to such reference.
All costs, if any, attributable to the acquisition, maintenance, renewal or relinquishment of the Permits paid in accordance with the Petroleum Act when paid by Paltar in accordance with the provisions of the Agreement.
The Lessee is the holder of a petroleum lease granted under the former provisions of the Petroleum Act 1936 registered as Petroleum Lease Number 1H (hereinafter called “the ▇▇▇▇▇▇ Island Lease”).
Within thirty 30 days after delivery, or earlier if necessary to meet any applicable deadline under the Petroleum Act, the Operating Committee shall meet to consider or modify such Work Program and Budget, with Nation having the sole power to approve, reject or modify the proposal.