Drilling Royalty Credit Regulation (Alta. Reg. 245/2009). Country/Territory Canada Territorial subdivision Alberta Document type Regulation Date 2009 (2013) Source FAO, FAOLEX Subject Mineral resources Keyword Minerals Mining Exploration Natural gas Oil Royalties/fees Enforcement/compliance Authorization/permit Geographical area Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic Entry into force notes The present Regulation enters into force on 1 April 2009.The present Regulation expires on 30 June 2017. Abstract The present Regulation is made under the Mines and Minerals Act (RSA 2000, c. M-17). The Regulation lays down provisions relating to the granting of credits for drilling activities. The text – consisting of 17 sections – deals with the following aspects: eligible wells, establishing and allocating drilling royalty credits, applying for credits, average daily Crown production, crude oil and gas royalty obligations, records, licensee and operator liability, reporting circumstances affecting eligibility and coming into force. Full text English Website www.gov.ab.ca References - Legislation Implements Mines and Minerals Act (RSA 2000, c. M-17). Legislation | Canada | 1980 (2020) Keyword: Mining, Minerals, Coal, Oil, Exploration, Authorization/permit Source: FAO, FAOLEX