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Petroleum Resources Act (S.N.W.T. 2014, c. 15).

Country/Territory
Canada
Territorial subdivision
Northwest Territories
Document type
Legislation
Date
2014 (2015)
Source
FAO, FAOLEX
Subject
Mineral resources
Keyword
Basic legislation Minerals Mining Oil Exploration Business/industry/corporations Access right Royalties/fees Special fund Research Registration Legal proceedings/administrative proceedings Enforcement/compliance Authorization/permit Indigenous peoples
Geographical area
Americas, Arctic, Asia and the Pacific, East Pacific, North America, North Atlantic
Entry into force notes
The present Act comes into force on 1 April 2014.
Abstract

The present Petroleum Resources Act governs the leasing of Government of Northwest Territories (GNWT)-owned oil and gas rights to companies that wish to find and produce the oil and gas. This includes all GNWT-owned oil and gas rights in the onshore of the NWT, right up to the onshore/offshore boundary negotiated by Canada and the GNWT. It does not include lands retained by the federal government such as waste sites and the Norman Wells Proven Area. Rights leased to a company under the present Act will give the company the right to explore, and if successful, to produce oil and gas owned by the GNWT on behalf of the residents of the NWT.

Full text
English/French
Website
www.gov.nt.ca

References - Legislation

Implemented by

Petroleum Lands Royalty Regulations (N.W.T. Reg. 023-2014).

Legislation | Canada | 2014

Keyword: Cadastre/land registration, Royalties/fees, Enforcement/compliance, Offences/penalties, Oil, Registration, Certification

Source: FAO, FAOLEX

Petroleum Lands Registration Regulations (N.W.T. Reg. 022-2014).

Legislation | Canada | 2014

Keyword: Cadastre/land registration, Royalties/fees, Legal proceedings/administrative proceedings, Certification, Offences/penalties, Enforcement/compliance, Mining, Minerals, Oil, Exploration, Authorization/permit

Source: FAO, FAOLEX

Environmental Studies Research Fund Regions Regulations (N.W.T. Reg. 021-2014).

Legislation | Canada | 2014

Keyword: Oil, Research, Enforcement/compliance, Special fund, Minerals, Mining, Exploration

Source: FAO, FAOLEX