Oil and Natural Gas Licence to Search
Natural Resources and Energy Development
Overview
An Oil and Natural Gas Licence to Search grants exclusive right to explore and produce oil and natural gas.
Eligibility
A licence to search for oil and natural gas shall be granted to the person submitting the successful tender in a "Call for Tenders" for the purchase of a licence to search.
Description
A licence area shall not exceed 100 sections (35,000 approx.). A licence to search may be converted to a lease during the 3 year term of the licence to search.
Fees
Unless otherwise specified, Fees exclude the harmonized sales tax (HST).
Fee Description | Rate in $ | Effective Date YYYY-MM-DD | |
---|---|---|---|
Tender | 250.00 | 2001-09-24 | |
Transfer, Assignment, Agreement, or Instrument | 50.00 | 1986-01-01 | |
Rental fee for each year of licence to search | 1986-01-01 | ||
Licence area (per hectare) (per year) | 0.15 | 2004-05-18 | |
Registration fee for an instrument | 50.00 | 1986-01-01 |
Contact Information | Location |
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