45Minister may give directions if extraction viable

45 Minister may give directions if extraction viable (1) This section applies if, after receiving a report under section 44, the Minister is of the opinion that the extraction of petroleum from the lease area is commercially viable. (2) The Minister may require the lease holder to apply for a production licence in respect of the lease area. (3) Such a requirement must be made in writing and must allow the holder of the lease at least 90 days within which to make the application. (4) If the holder of the lease fails to comply with a requirement made under this section, the Minister may cancel the lease. Part 5—Production licences Division 1—Rights conferred by licence 46 Rights conferred by licence A production licence authorises the holder of the licence, subject to and in accordance with the conditions of the licence— (a) to carry out petroleum production in the licence area; and (b) to carry out petroleum exploration in the licence area; and (c) to do any thing in the licence area that is necessary for, or incidental to, those purposes. Division 2—Issue of licences to holders of permits or leases