Common Contracts

OIL SANDS LEASE NO.

Oil Sands Lease • October 21st, 2011 • Alberta

• Contract Type
  Oil Sands Lease
• Filed
  October 21st, 2011
• Jurisdiction
  Alberta

THEREFORE, subject to the terms and conditions contained in this Lease, Her Majesty grants to the Lessee, insofar as Her Majesty has the right to grant the same, the exclusive right to drill for, win, work and recover the Leased Substances within the Location, together with the right to remove from the Location any Leased Substances recovered, for the term of fifteen (15) years computed from the Term Commencement Date and, subject to the Mines and Minerals Act, for so long after the expiration of that term as this Lease is permitted to continue under the Mines and Minerals Act;