84Duration of petroleum exploration permit

84 Duration of petroleum exploration permit

S. 84(1) amended by No. 16/2018 s. 10.

(1) The duration of a petroleum exploration permit is worked out using the table—

| Duration of petroleum exploration permits | | | | Item | This kind of permit... | remains in force... | | 1 | an original petroleum exploration permit (other than a boundary-change petroleum exploration permit) | for the period of 6 years beginning on—<br>(a) the day on which the permit is granted; or<br>(b) if a later day is specified in the permit as the day on which the permit is to come into force—that later day. | | 2 | a petroleum exploration permit granted by way of renewal | for the period of 5 years beginning on—<br>(a) the day on which the permit is granted; or<br>(b) if a later day is specified in the permit as the day on which the permit is to come into force—that later day. | | 3 | a boundary-change petroleum exploration permit granted under section 101A(4) | for the period of 5 years beginning on the day on which the permit is granted. | | 4 | a boundary-change petroleum exploration permit granted under section 101A(5) | for the period of 12 months beginning on the day on which the permit is granted. |

1 For a special rule about the extension of the duration of a petroleum exploration permit if the permittee applies for a petroleum retention lease or petroleum production licence, see section 85.

2 For a special rule about the extension of the duration of petroleum exploration permits pending decisions on renewal applications, see section 102(5).

3 For a special rule about the extension of the duration of cash‑bid petroleum exploration permits, see section 97.

4 For special rules about the extension of the duration of a petroleum exploration permit following a suspension or exemption decision, see sections 261 and 263.

5 For the revocation of a petroleum exploration permit, see section 180.

6 For special rules about when a petroleum exploration permit ceases to be in force following the grant of a petroleum retention lease or petroleum production licence, see sections 134 and 171.

7 For the surrender of a petroleum exploration permit, see Part 2.12.

8 For the cancellation of a petroleum exploration permit, see Part 2.13.

85 Extension of petroleum exploration permit if permittee applies for petroleum retention lease or petroleum production licence

(a) a petroleum exploration permit over a block or blocks cannot be renewed or further renewed; and

(b) before the time when the permit would, apart from this subsection, expire, the permittee applies to the Minister for the grant by the Minister of a petroleum retention lease or petroleum production licence over the block or one or more of the blocks; and