Mineral and Energy Resources (Common Provisions) Regulation 2016
sec.42Notice of offer or re-offer of supply of incidental coal seam gas— Act , s 138
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sec.42 Notice of offer or re-offer of supply of incidental coal seam gas— Act , s 138
For section 138 (8) of the Act , a notice of offer or re-offer by the ML (coal) holder to supply incidental coal seam gas must include the following— the indicative volume, composition and production rate of the gas; whether the gas is diluted incidental coal seam gas or undiluted incidental coal seam gas and the percentage of methane in each; a single location at which the gas is proposed to be delivered; the transportation requirements for the proposed delivery of the gas; the proposed payment arrangements including, for example, arrangements for— payment by the petroleum resource authority holder of a reasonable contribution to production costs; and payment by the petroleum resource authority holder of transportation costs; and payment by the petroleum resource authority holder of costs incurred by the ML (coal) holder in the event that the petroleum resource authority holder does not take supply of the accepted gas. the due date for acceptance of the offer.
- (a) the indicative volume, composition and production rate of the gas;
- (b) whether the gas is diluted incidental coal seam gas or undiluted incidental coal seam gas and the percentage of methane in each;
- (c) a single location at which the gas is proposed to be delivered;
- (d) the transportation requirements for the proposed delivery of the gas;
- (e) the proposed payment arrangements including, for example, arrangements for— (i) payment by the petroleum resource authority holder of a reasonable contribution to production costs; and (ii) payment by the petroleum resource authority holder of transportation costs; and (iii) payment by the petroleum resource authority holder of costs incurred by the ML (coal) holder in the event that the petroleum resource authority holder does not take supply of the accepted gas.
- (i) payment by the petroleum resource authority holder of a reasonable contribution to production costs; and
- (ii) payment by the petroleum resource authority holder of transportation costs; and
- (iii) payment by the petroleum resource authority holder of costs incurred by the ML (coal) holder in the event that the petroleum resource authority holder does not take supply of the accepted gas.
- (f) the due date for acceptance of the offer.
- (i) payment by the petroleum resource authority holder of a reasonable contribution to production costs; and
- (ii) payment by the petroleum resource authority holder of transportation costs; and
- (iii) payment by the petroleum resource authority holder of costs incurred by the ML (coal) holder in the event that the petroleum resource authority holder does not take supply of the accepted gas.