Petroleum and Geothermal Energy Resources Act 1967.
Country
Type of law
Legislation
Date of original text
Date of latest amendment
Abstract
This Act provides for a system of exploration permits, retention leases and mining leases, prohibits the exploration and exploitation without permits and leases and provides for the reservation of titles in geothermal resources to the Crown.
The Act sets out procedures and requirements for obtaining geothermal exploration permits and drilling reservations. As provided for in the Act, the permittee or holder of drilling reservation shall then apply for retention leases and for petroleum production licences to carry on operations for the recovery of petroleum.
The Act further provides for: the registration of titles and special prospecting authorities; appointment of inspectors and their powers; fees and royalties; occupational safety and health; etc.
The Act sets out procedures and requirements for obtaining geothermal exploration permits and drilling reservations. As provided for in the Act, the permittee or holder of drilling reservation shall then apply for retention leases and for petroleum production licences to carry on operations for the recovery of petroleum.
The Act further provides for: the registration of titles and special prospecting authorities; appointment of inspectors and their powers; fees and royalties; occupational safety and health; etc.
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Long title of text
An Act relating to the exploration for, and the exploitation of, petroleum resources, geothermal energy resources, and certain other resources, within certain lands of the State; to repeal the Petroleum Act 1936, and for incidental and other purposes.
Entry into force notes
This Act enters into force on 5 September 1969.
Notes
Last amendments up to Work Health and Safety Act 2020 Pt. 15 Div. 3 Subdiv. 1 (36 of 2020). Reprint as 31 March 2022.This Act repeals the Petroleum Act 1936. Though repealed, this Act continues to apply to the Barrow Island lease and renewals of it (see No. 72 of 1967 s. 134.Alternate citations: Petroleum Act 1967
Repealed
No
Source language
English
Legislation Amendment
No
Implemented by