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"Enhanced Hydrocarbon Recovery Royalty Regulation "

Enhanced Hydrocarbon Recovery Royalty Regulation

This regulation is made under the Mines and Minerals Act to promote the additional recovery of hydrocarbons through the injection of approved substances into an oil or gas pool. Recovery is incentivized by reducing the amount of Crown royalty due on hydrocarbons produced using enhanced recovery methods for up to 90 months. The regulation applies only to hydrocarbons obtained under an enhanced hydrocarbon recovery scheme that is approved by the Minister on or after January 1, 2017.
 
    Chapter/Regulation: 210/2016
    Status: Current
    Related Act
    Ministry Responsible: Energy
    Item/ISBN#: 9780779794447
    Regulation-Making Authority: Order In Council
    Pages 15
    View PDFView PDF
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