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"Natural Gas Deep Drilling Regulation "

Natural Gas Deep Drilling Regulation

This regulation is made under the Mines and Minerals Act to encourage new exploration, development and production from deeper and higher cost natural gas wells. The regulation provides royalty credits to companies when they drill deep wells. The royalty credits cover a portion of the drilling and completion costs for eligible wells, and can be used to reduce the royalties payable for eligible wells.
 
    Chapter/Regulation: 224/2008
    Status: Office Consolidation
    Related Act
    Ministry Responsible: Energy
    Current to 89/2013
    Item/ISBN#: 9780779772421
    Pages 12
    View PDFView PDF
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