The present Regulations enact section 11 of the Oil and Natural Gas Act. For the purpose of the present Regulations “bid” means a proposal for exploration or development of provincial lands for oil or natural gas, that was submitted in response to a call for bids. Section 2 establishes that the Minister may issue a call for bids for an oil and natural gas permit: a) for any provincial lands; or b) for all or part of provincial lands described in a request submitted pursuant to subsection. The text consists of 27 sections.
Implements: Oil and Natural Gas Act ((R.S.P.E.I. 1988, c. O-5). (2015-12-02)
Autores y editores
Legislative Counsel Office
Government of Prince Edward Island (Canada)