sec.150CPL storage testing

### sec.150C PL storage testing Subject to section 151 , a petroleum lease holder may carry out testing for the storage of petroleum or a prescribed storage gas in a natural underground reservoir ( PL storage testing ) within the area of the lease. However, it is a condition of the petroleum lease that— the holder gives the chief executive a notice, containing the information prescribed by regulation, in relation to the PL storage testing within 20 business days after the testing starts; and the testing is carried out after the end date for the testing only with the Minister’s approval. Subject to subsection (4) , the Minister may, at any time, approve the carrying out after the end date for PL storage testing (the original PL storage testing ) of further PL storage testing and the approval is subject to the conditions the Minister considers appropriate. An approval may not be given under subsection (3) more than 1 day before the end date for the original PL storage testing. If the Minister decides not to approve the carrying out of further PL storage testing, the Minister must give the petroleum lease holder an information notice about the decision. Despite subsections (1) to (3) , a petroleum lease holder must not— carry out GHG stream storage; or inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery. s 150C ins 2014 No. 47 s 613 amd 2024 No. 33 s 164A (sec.150C-ssec.1) Subject to section 151 , a petroleum lease holder may carry out testing for the storage of petroleum or a prescribed storage gas in a natural underground reservoir ( PL storage testing ) within the area of the lease. (sec.150C-ssec.2) However, it is a condition of the petroleum lease that— the holder gives the chief executive a notice, containing the information prescribed by regulation, in relation to the PL storage testing within 20 business days after the testing starts; and the testing is carried out after the end date for the testing only with the Minister’s approval. (sec.150C-ssec.3) Subject to subsection (4) , the Minister may, at any time, approve the carrying out after the end date for PL storage testing (the original PL storage testing ) of further PL storage testing and the approval is subject to the conditions the Minister considers appropriate. (sec.150C-ssec.4) An approval may not be given under subsection (3) more than 1 day before the end date for the original PL storage testing. (sec.150C-ssec.5) If the Minister decides not to approve the carrying out of further PL storage testing, the Minister must give the petroleum lease holder an information notice about the decision. (sec.150C-ssec.6) Despite subsections (1) to (3) , a petroleum lease holder must not— carry out GHG stream storage; or inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery. - (a) the holder gives the chief executive a notice, containing the information prescribed by regulation, in relation to the PL storage testing within 20 business days after the testing starts; and - (b) the testing is carried out after the end date for the testing only with the Minister’s approval. - (a) carry out GHG stream storage; or - (b) inject a GHG stream into the Great Artesian Basin for the purpose of enhanced petroleum recovery.