Meaning of petroleum exploration

In force

Petroleum exploration is the carrying out of one or more of the following activities for the purpose of finding petroleum or reservoirs—

(a)

conducting geological, geophysical and geochemical surveys;

(b)

making wells;

(c)

taking samples for the purposes of chemical or other analysis;

(d)

extracting petroleum from land for the purpose of determining whether it will be viable to extract it commercially.

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