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

Section 38 Disposition versions

2023-05-06

38. The amount for the minimum work that an exploration licence holder must perform each year is,

(1)  for the first year of the term of the licence, $113 per km2 or $6,751, whichever is greater;

(2)  for the second year of the term of the licence, $225 per km2 or $13,503, whichever is greater;

(3)  for the third year of the term of the licence, $337 per km2 or $20,256, whichever is greater;

(4)  for the fourth year of the term of the licence, $450 per km2 or $27,008, whichever is greater;

(5)  for the fifth year of the term of the licence, $563 per km2 or $33,760, whichever is greater; and

(6)  from the first renewal of the licence made pursuant to section 49, $563 per km2 or $45,012, whichever is greater.

O.C. 1253-2018, s. 38.

2022-04-01

38. The amount for the minimum work that an exploration licence holder must perform each year is,

(1)  for the first year of the term of the licence, $106 per km2 or $6,343, whichever is greater;

(2)  for the second year of the term of the licence, $211 per km2 or $12,686, whichever is greater;

(3)  for the third year of the term of the licence, $317 per km2 or $19,030, whichever is greater;

(4)  for the fourth year of the term of the licence, $423 per km2 or $25,374, whichever is greater;

(5)  for the fifth year of the term of the licence, $529 per km2 or $31,717, whichever is greater; and

(6)  from the first renewal of the licence made pursuant to section 49, $529 per km2 or $42,289, whichever is greater.

O.C. 1253-2018, s. 38.

2021-04-01

38. The amount for the minimum work that an exploration licence holder must perform each year is,

(1)  for the first year of the term of the licence, $103 per km2 or $6,180, whichever is greater;

(2)  for the second year of the term of the licence, $206 per km2 or $12,360, whichever is greater;

(3)  for the third year of the term of the licence, $309 per km2 or $18,541, whichever is greater;

(4)  for the fourth year of the term of the licence, $412 per km2 or $24,721, whichever is greater;

(5)  for the fifth year of the term of the licence, $515 per km2 or $30,901, whichever is greater; and

(6)  from the first renewal of the licence made pursuant to section 49, $515 per km2 or $41,201, whichever is greater.

O.C. 1253-2018, s. 38.

2020-12-12

38. The amount for the minimum work that an exploration licence holder must perform each year is,

(1)  for the first year of the term of the licence, $102 per km2 or $6,103, whichever is greater;

(2)  for the second year of the term of the licence, $203 per km2 or $12,206, whichever is greater;

(3)  for the third year of the term of the licence, $305 per km2 or $18,310, whichever is greater;

(4)  for the fourth year of the term of the licence, $407 per km2 or $24,413, whichever is greater;

(5)  for the fifth year of the term of the licence, $509 per km2 or $30,516, whichever is greater; and

(6)  from the first renewal of the licence made pursuant to section 49, $509 per km2 or $40,688, whichever is greater.

O.C. 1253-2018, s. 38.

2018-09-20

38. The amount for the minimum work that an exploration licence holder must perform each year is,

(1)  for the first year of the term of the licence, $100 per km2 or $6,000, whichever is greater;

(2)  for the second year of the term of the licence, $200 per km2 or $12,000, whichever is greater;

(3)  for the third year of the term of the licence, $300 per km2 or $18,000, whichever is greater;

(4)  for the fourth year of the term of the licence, $400 per km2 or $24,000, whichever is greater;

(5)  for the fifth year of the term of the licence, $500 per km2 or $30,000, whichever is greater; and

(6)  from the first renewal of the licence made pursuant to section 49, $500 per km2 or $40,000, whichever is greater.

O.C. 1253-2018, s. 38.

Not in force

In force: 2018-09-20

38. The amount for the minimum work that an exploration licence holder must perform each year is,

(1)  for the first year of the term of the licence, $100 per km2 or $6,000, whichever is greater;

(2)  for the second year of the term of the licence, $200 per km2 or $12,000, whichever is greater;

(3)  for the third year of the term of the licence, $300 per km2 or $18,000, whichever is greater;

(4)  for the fourth year of the term of the licence, $400 per km2 or $24,000, whichever is greater;

(5)  for the fifth year of the term of the licence, $500 per km2 or $30,000, whichever is greater; and

(6)  from the first renewal of the licence made pursuant to section 49, $500 per km2 or $40,000, whichever is greater.

O.C. 1253-2018, s. 38.