H-4.2 - Petroleum Resources Act

Full text
132. An exploration, production or storage licence holder must recover petroleum and brine optimally using generally recognized best practices for ensuring the safety of persons and property, environmental protection and optimal recovery of the resource.
In order to ensure that the licence holder complies with this obligation, the Minister may
(1)  require the licence holder to send a report to the Minister justifying the method used;
(2)  conduct a study to evaluate the method used; and
(3)  order the licence holder to take, within the time the Minister specifies, any measures necessary to remedy any situation that would compromise the optimal recovery of petroleum or brine.
The Minister may, subject to the conditions the Minister determines, give a mandate to a committee composed of three persons, including two specialists in the field who are not part of the public service, to conduct a study under subparagraph 2 of the second paragraph.
The committee must submit a report recommending, if applicable, measures to remedy any situation that compromises the optimal recovery of petroleum and brine.
If the licence holder fails to comply with the Minister’s requirements, the Minister may order the suspension of the holder’s work or activities for the period the Minister determines.
2016, c. 35, s. 232016, c. 35, s. 23.
Not in force
132. An exploration, production or storage licence holder must recover petroleum and brine optimally using generally recognized best practices for ensuring the safety of persons and property, environmental protection and optimal recovery of the resource.
In order to ensure that the licence holder complies with this obligation, the Minister may
(1)  require the licence holder to send a report to the Minister justifying the method used;
(2)  conduct a study to evaluate the method used; and
(3)  order the licence holder to take, within the time the Minister specifies, any measures necessary to remedy any situation that would compromise the optimal recovery of petroleum or brine.
The Minister may, subject to the conditions the Minister determines, give a mandate to a committee composed of three persons, including two specialists in the field who are not part of the public service, to conduct a study under subparagraph 2 of the second paragraph.
The committee must submit a report recommending, if applicable, measures to remedy any situation that compromises the optimal recovery of petroleum and brine.
If the licence holder fails to comply with the Minister’s requirements, the Minister may order the suspension of the holder’s work or activities for the period the Minister determines.
2016, c. 35, s. 232016, c. 35, s. 23.