sec.50Cores

sec.50 Cores

Each core recovered from a petroleum well under a petroleum tenure must be kept. However, subsection (1) applies in relation to a core from a petroleum well made solely for coal seam gas exploration or production only if— the holder gives the chief executive notice, in the approved form, offering to give the chief executive a sample of the core; and the notice is received within 5 months after the day the core is recovered; and within 20 business days after receiving the notice, the chief executive gives the holder notice that the sample must be kept. The part of the core lodged under the 2004 Act , section 548 (1) or the 1923 Act , section 76B (1) must— be at least 50% of the core recovered; and have as complete a vertical face as is practicable; and be lodged in a box or other suitable container that is suitable for long-term storage and handling, and is labelled with— the identifying name of the well from which the core was recovered; and if more than 1 core is recovered from the well—the number of the core; and the depth in metres of the top and bottom of the interval cored; and the length in metres of the core recovered. (sec.50-ssec.1) Each core recovered from a petroleum well under a petroleum tenure must be kept. (sec.50-ssec.2) However, subsection (1) applies in relation to a core from a petroleum well made solely for coal seam gas exploration or production only if— the holder gives the chief executive notice, in the approved form, offering to give the chief executive a sample of the core; and the notice is received within 5 months after the day the core is recovered; and within 20 business days after receiving the notice, the chief executive gives the holder notice that the sample must be kept. (sec.50-ssec.3) The part of the core lodged under the 2004 Act , section 548 (1) or the 1923 Act , section 76B (1) must— be at least 50% of the core recovered; and have as complete a vertical face as is practicable; and be lodged in a box or other suitable container that is suitable for long-term storage and handling, and is labelled with— the identifying name of the well from which the core was recovered; and if more than 1 core is recovered from the well—the number of the core; and the depth in metres of the top and bottom of the interval cored; and the length in metres of the core recovered.

• (a) the holder gives the chief executive notice, in the approved form, offering to give the chief executive a sample of the core; and
• (b) the notice is received within 5 months after the day the core is recovered; and
• (c) within 20 business days after receiving the notice, the chief executive gives the holder notice that the sample must be kept.
• (a) be at least 50% of the core recovered; and
• (b) have as complete a vertical face as is practicable; and
• (c) be lodged in a box or other suitable container that is suitable for long-term storage and handling, and is labelled with— (i) the identifying name of the well from which the core was recovered; and (ii) if more than 1 core is recovered from the well—the number of the core; and (iii) the depth in metres of the top and bottom of the interval cored; and (iv) the length in metres of the core recovered.