Div 1Required information: petroleum, geothermal or GHG permittee or holder of petroleum, geothermal or GHG drilling reservation

Division 1 — Required information: petroleum, geothermal or GHG permittee or holder of petroleum, geothermal or GHG drilling reservation

| 1. | A description of work and expenditure commitments as detailed in the permit or drilling reservation. | | 2. | For all work, evaluations and studies carried out in relation to the permit or drilling reservation —<br>(a)the total expenditure on the work, evaluations and studies; and<br>(b)the results of the work, evaluations and studies, including details about any leads and prospects identified or potential GHG storage formations that have been assessed. | | 3. | A list of the reports submitted to the Minister in accordance with these regulations during the year. | | 4. | For the work, evaluations and studies expected to be carried out in relation to the permit or drilling reservation during the next year of the permit or drilling reservation —<br>(a)a description of work commitments and expenditure estimates; and<br>(b)a description of the measures taken by the permittee or holder of the drilling reservation to prepare for the work mentioned in paragraph (a). | | 5. | Any other information that is required to be included in the annual assessment report by a condition of the permit or drilling reservation. |

[Division 1 amended: SL 2026/82 r. 60.]

Division 2 — Required information: petroleum retention lessee or geothermal retention lessee

| 6. | A description of work and expenditure commitments as detailed in the lease. | | 7. | For all work, evaluations and studies carried out in relation to the lease —<br>(a)the total expenditure on the work, evaluations and studies; and<br>(b)the results of the work, evaluations and studies, including details about any leads and prospects identified. | | 8. | A list of the reports submitted to the Minister in accordance with these regulations during the year. | | 9. | Details of the lessee’s plans for further evaluation of discoveries, including work that is to be carried out in the lease area. | | 10. | For the work, evaluations and studies expected to be carried out in relation to the lease during the next year of the lease —<br>(a)a description of work commitments and expenditure estimates; and<br>(b)a description of the measures taken by the lessee to prepare for the work mentioned in paragraph (a). | | 11. | For a year after the first year of the lease, the following information about each resources pool or geothermal resources area situated in the lease area —<br>(a)a description of the pool or geothermal resources area;<br>(b)any new information relating to the evaluation of the pool or geothermal resources area;<br>(c)an estimate of the quantity of petroleum and regulated substances in the pool, or geothermal energy resources in the geothermal resources area, at the end of the previous year;<br>(d)an estimate of the quantity of recoverable petroleum and regulated substances in the pool, or recoverable geothermal energy in the geothermal resources area, at the end of the previous year;<br>(e)any new or revised data upon which the estimates in paragraphs (c) and (d) are based, including a report of any study carried out that has resulted in a revised estimate;<br>(f)a table summarising the quantities mentioned in paragraphs (c) and (d) by reference to resources and reserves. | | 12. | Any other information that is required to be included in the annual assessment report by a condition of the lease. |