Horizontal Re-Entry Well Royalty Reduction Regulation (Alta Reg. 348/1992). Country/Territory Canada Territorial subdivision Alberta Document type Regulation Date 1992 (2013) Source FAO, FAOLEX Subject Mineral resources Keyword Mining Minerals Royalties/fees Enforcement/compliance Geographical area Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic Entry into force notes The present Regulation expires on 30 June 2014. Abstract The present Regulation is made under the Mines and Minerals Act. In particular, the Regulation lays down provisions relating to the reduction of royalties for wells with a horizontal re-entry. An “eligible well” means a well: i) that has a horizontal extension; ii) that was spudded in at least 5 years before the commencement of the drilling of the horizontal extension; iii) from which crude oil or oil sands has been obtained from a qualifying pool in at least 12 months of the well’s maintenance period or that has a maintenance volume established. The text consists of 10 sections. 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