sec.44Form etc. of lease

### sec.44 Form etc. of lease Every lease shall— confer upon the lessee— the exclusive right to prospect for, mine, extract, recover, remove, and dispose of all petroleum in or under the land demised, with the right to construct and maintain thereon all works buildings plant waterways (including any pipelines for conveying water) roads pipelines reservoirs tanks pumping stations and other structures necessary to the full enjoyment thereof; and the right to plug and abandon, or otherwise remediate, a bore or well the lessee reasonably believes is a legacy borehole and rehabilitate the surrounding area in compliance with the requirements prescribed under a regulation; and be for a term no longer than the period nominated (with reasons for the nomination) by the applicant as an appropriate term for producing in an economically viable way the petroleum from the fields within the land the subject of the lease; and be subject to the mandatory conditions for leases and any conditions decided by the Minister. The carrying out of particular activities on particular land in a lease’s area may not be authorised following the taking of the land under a resumption law. See section 124B . Despite subsection (1) , the holder can not— carry out GHG stream storage; or inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery. In this section— enhanced petroleum recovery see the GHG storage Act , schedule 2 . Great Artesian Basin see the GHG storage Act , schedule 2 . s 44 amd 1962 No. 30 s 9 ; 1991 No. 65 s 9 ; 2004 No. 26 s 26 ; 2009 No. 3 s 528 ; 2012 No. 20 ss 70 , 248 ; 2014 No. 47 s 523 ; 2018 No. 24 s 183 ; 2024 No. 33 s 149A (sec.44-ssec.1) Every lease shall— confer upon the lessee— the exclusive right to prospect for, mine, extract, recover, remove, and dispose of all petroleum in or under the land demised, with the right to construct and maintain thereon all works buildings plant waterways (including any pipelines for conveying water) roads pipelines reservoirs tanks pumping stations and other structures necessary to the full enjoyment thereof; and the right to plug and abandon, or otherwise remediate, a bore or well the lessee reasonably believes is a legacy borehole and rehabilitate the surrounding area in compliance with the requirements prescribed under a regulation; and be for a term no longer than the period nominated (with reasons for the nomination) by the applicant as an appropriate term for producing in an economically viable way the petroleum from the fields within the land the subject of the lease; and be subject to the mandatory conditions for leases and any conditions decided by the Minister. The carrying out of particular activities on particular land in a lease’s area may not be authorised following the taking of the land under a resumption law. See section 124B . (sec.44-ssec.2) Despite subsection (1) , the holder can not— carry out GHG stream storage; or inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery. (sec.44-ssec.3) In this section— enhanced petroleum recovery see the GHG storage Act , schedule 2 . Great Artesian Basin see the GHG storage Act , schedule 2 . - (a) confer upon the lessee— (i) the exclusive right to prospect for, mine, extract, recover, remove, and dispose of all petroleum in or under the land demised, with the right to construct and maintain thereon all works buildings plant waterways (including any pipelines for conveying water) roads pipelines reservoirs tanks pumping stations and other structures necessary to the full enjoyment thereof; and (ii) the right to plug and abandon, or otherwise remediate, a bore or well the lessee reasonably believes is a legacy borehole and rehabilitate the surrounding area in compliance with the requirements prescribed under a regulation; and - (i) the exclusive right to prospect for, mine, extract, recover, remove, and dispose of all petroleum in or under the land demised, with the right to construct and maintain thereon all works buildings plant waterways (including any pipelines for conveying water) roads pipelines reservoirs tanks pumping stations and other structures necessary to the full enjoyment thereof; and - (ii) the right to plug and abandon, or otherwise remediate, a bore or well the lessee reasonably believes is a legacy borehole and rehabilitate the surrounding area in compliance with the requirements prescribed under a regulation; and - (b) be for a term no longer than the period nominated (with reasons for the nomination) by the applicant as an appropriate term for producing in an economically viable way the petroleum from the fields within the land the subject of the lease; and - (c) be subject to the mandatory conditions for leases and any conditions decided by the Minister. - (i) the exclusive right to prospect for, mine, extract, recover, remove, and dispose of all petroleum in or under the land demised, with the right to construct and maintain thereon all works buildings plant waterways (including any pipelines for conveying water) roads pipelines reservoirs tanks pumping stations and other structures necessary to the full enjoyment thereof; and - (ii) the right to plug and abandon, or otherwise remediate, a bore or well the lessee reasonably believes is a legacy borehole and rehabilitate the surrounding area in compliance with the requirements prescribed under a regulation; and - (a) carry out GHG stream storage; or - (b) inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery.