32Application for retention licence

32 Application for retention licence (1) Subject to this Act, a permittee may apply for a retention licence by lodging with the Minister the following: (a) a statement containing the name and address of the applicant; (ba) a statement justifying the number of blocks subject to the (c) a map clearly delineating the application area and the boundaries of the existing exploration permit area from which the application area is to be excised; Petroleum Act 1984 35 (d) evidence, satisfactory to the Minister, that: (i) the applicant is the permittee of the application area; (ii) the applicant has established the presence of petroleum within the application area and notified, under section 64, the Minister of the presence of petroleum; and (iii) although the petroleum present is potentially of a commercial quality and quantity, production from the application area is not, at the present time, commercially viable; (e) a proposed technical works programme for the exploration, appraisal and development of petroleum within the application area, including an economic appraisal in relation to the presence of petroleum, during the period of the proposed licence; (f) evidence of the technical and financial capacity of the programme and to comply with this Act; (g) where the application is made by 2 or more persons, the proposed sharing arrangements between the applicants; (j) the prescribed application fee; (k) a statement of the reasons why the applicant: (i) believes that an appraisal of the application area cannot be carried out during the unexpired term of the (ii) has not applied for a production licence in relation to the application area; (m) such other information in support of the application as the applicant thinks fit. (2) Where the Minister has received an application for a retention licence, the Minister may, by notice served on the applicant, request further information in relation to the applicant or the