Petroleum and Geothermal Energy Resources Act 1967
Div 3Production licences
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Division 3 — Production licences
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Recovery of petroleum or geothermal energy resources in State 115
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Application by permittee for licence 116
50A. Application by lessee for licence 118
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Application for licence under s. 50 or 50A, requirements for 119
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Determination of rate of royalty 120
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Notification as to grant of licence 121
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Grant of licence 123
54A. Application of s. 51 to 54 where permit etc. transferred 124
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Variation of licence area 125
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Determination of permit as to blocks not taken up by licensee 125
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Application for licence in respect of surrendered etc. blocks 128
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Application fee etc. for s. 57 applications 131
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Request by applicant for grant of licence 131
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Grant of licence on request 134
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Licence for 2 or more blocks may be divided into 2 or more licences 134
61A. Grant of petroleum production licence as result of change to boundary of offshore area 136
- Rights conferred by licence 139
62A. Geothermal energy recovery development plans 139
62B. Variation of approved development plans 140
- Term of licence 141
64A. Termination of licence if no operations for 5 years 141
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Application for renewal of licence 143
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Grant or refusal of renewal of licence 144
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Conditions of licence 147
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Storage of petroleum underground 148
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Directions as to recovery of petroleum 149
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Unit development 150