s 117AZL
In forceMeaning of orphan well
Part VEOrphan well levy
117AZL Meaning of orphan well
An orphan well is a well where:
(a)
the well is located on an area that has been subject to:
(i)
a petroleum interest granted under this Act; or
(ii)
a permit or lease granted under the repealed Act; or
(iii) any other form of authority or title under a law applying in the Territory with respect to petroleum exploration, recovery or production; and
(b) the authority or title under which the well was established has ceased to exist; and
(c) the Territory has assumed responsibility for the monitoring, maintenance, management or rectification of the well.
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