New Well Royalty Regulation (Alta Reg 32/2011).

This Regulation applies to royalty on eligible production recovered or obtained from a new well. Eligible production are crude oil or gas recovered or obtained from a well event is they are not excluded production, if they are recovered or obtained from a well event in a new well, including a well event specified in a schedule to this Regulation, if the Crown interest in it is greater than 0%, and if they are subject to the payment of royalty under the Petroleum Royalty Regulation, 2009 (AR 222/2008), the Natural Gas Royalty Regulation, 2009 (AR 221/2008) or section 27 of the Oil Sands Royalty Regulation, 2009 (AR 223/2008).