H-4.2 - Petroleum Resources Act

Full text
15. The exploration, production and storage rights conferred by a licence and the right to produce brine conferred by an authorization are immovable real rights.
Ownership of such immovable real rights is separate from ownership of the land to which they pertain.
Use of the land, before or after such a right is awarded, by a third person does not in any case confer a right to compensation on its holder. The same holds for the transfer or awarding of rights in lands in the domain of the State.
2016, c. 35, s. 232016, c. 35, s. 23.
Not in force
15. The exploration, production and storage rights conferred by a licence and the right to produce brine conferred by an authorization are immovable real rights.
Ownership of such immovable real rights is separate from ownership of the land to which they pertain.
Use of the land, before or after such a right is awarded, by a third person does not in any case confer a right to compensation on its holder. The same holds for the transfer or awarding of rights in lands in the domain of the State.
2016, c. 35, s. 232016, c. 35, s. 23.