Rights conferred by production licence

In force

A production licence, while it remains in force, gives the production licensee or, if there is more than one, the production licensees jointly, subject to this Act and in accordance with the conditions to which the licence is subject and the directions, if any, lawfully given by the Minister, the exclusive right:

(a)

to explore for petroleum and recover it from the licence area;

and

(b)

to carry out such operations and execute such works in the licence area as are necessary for the exploration for and recovery of petroleum.

This Act’s bill:Second reading speech

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56 Rights conferred by production licence