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New Well Royalty Regulation (Alta Reg 32/2011).

Country/Territory
Canada
Territorial subdivision
Alberta
Document type
Regulation
Date
2011 (2016)
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Minerals Mining Exploration Natural gas Oil Royalties/fees Data collection/reporting Enforcement/compliance Authorization/permit
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Entry into force notes
This Regulation is deemed to have come into force on May 1, 2010.
Abstract

This Regulation applies to royalty on eligible production recovered or obtained from a new well. Eligible production are crude oil or gas recovered or obtained from a well event is they are not excluded production, if they are recovered or obtained from a well event in a new well, including a well event specified in a schedule to this Regulation, if the Crown interest in it is greater than 0%, and if they are subject to the payment of royalty under the Petroleum Royalty Regulation, 2009 (AR 222/2008), the Natural Gas Royalty Regulation, 2009 (AR 221/2008) or section 27 of the Oil Sands Royalty Regulation, 2009 (AR 223/2008).

Full text
English
Website
www.alberta.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