Schedule 2 Form of instrument of transfer

Schedule 2 Form of instrument of transfer

(Clause 5)

Transfer of title

Section 78, Petroleum (Offshore) Act 1982

I/We* [name or names] being the registered holder/holders* of [type (eg exploration permit, production licence) and number of title being transferred], in consideration of [value of consideration for the transfer or value of title transferred]1 hereby transfer all right, title and interest in that [type (eg exploration permit, production licence) and number of title being transferred] to [name and address of transferee, or, if there are two or more transferees, of all transferees].

IN WITNESS of this transfer the parties to the transfer have affixed their respective common seals or signatures below on this day of 20 .

| Transferor | Transferee |

* Delete whichever is inapplicable

1 If the transfer of the title is pursuant to a dealing that has been approved and registered under the Act, insert a reference that is sufficient to identify that dealing.