S-34.1, r. 3 - Regulation respecting petroleum exploration, production and storage licences, and the pipeline construction or use authorization

Section 33 Disposition versions

2018-09-20

33. Not later than 45 days after having been informed of the selection, the successful bidder must provide to the Minister

(1)  the amount tendered for the licence;

(2)  the proof of solvency provided for in section 165;

(3)  the process for appointing members of the monitoring committee or, if the bidder is not required to establish a new committee under the first paragraph of section 16, identify the monitoring committee that will be consulted for that licence;

(4)  a summary of the anticipated exploration work for the term of the licence specifying the objectives, nature and scope; and

(5)  the payment of the annual fee payable under section 42 for the first year of the licence.

O.C. 1253-2018, s. 33.

Not in force

In force: 2018-09-20

33. Not later than 45 days after having been informed of the selection, the successful bidder must provide to the Minister

(1)  the amount tendered for the licence;

(2)  the proof of solvency provided for in section 165;

(3)  the process for appointing members of the monitoring committee or, if the bidder is not required to establish a new committee under the first paragraph of section 16, identify the monitoring committee that will be consulted for that licence;

(4)  a summary of the anticipated exploration work for the term of the licence specifying the objectives, nature and scope; and

(5)  the payment of the annual fee payable under section 42 for the first year of the licence.

O.C. 1253-2018, s. 33.