Development Licence definition

Development Licence means a licence as described in Clause 10.1.
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Development Licence means a licence granted under section 66;
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Development Licence. “Development Operations” “Exploration Operations” “In Default”, “Location”, “Minister”, “Petroleum” “Regulations” and “Well” shall have the meanings assigned to them respectively in Section 5 of the Act; “Adjoining Block” and “Discovery Block” shall have the meanings assigned to them respectively in Section 33 of the Act.
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Examples of Development Licence in a sentence

  • The Project will be located within Mining Lease (ML) 80187 and ML 700022, which are adjacent to Mineral Development Licence (MDL) 468 and Exploration Permit for Coal (EPC) 1029, both of which are held by the Proponent.

  • Policy MRW 5: Unconventional Gas Extraction – Including Hydraulic Fracturing (Fracking) For areas covered by a Petroleum Exploration and Development Licence (PEDL), the council will:a.

  • The State’s (and Petromin’s) right to take an interest arises upon issuance of the Prospecting Development Licence (”PDL”), which has not yet occurred.

  • The revised model proposes that conveyance accounting should not be applied till the investors elect to transfer their indirect participation interest in the program into a direct interest in the Production Development Licence (‘PDL’) for a successful well or forfeiture of the conversion option occurs as per the agreement.

  • From the date of grant of the Development Licence the charge shall be at an amount or rate to be agreed between the parties and stated in the Development Plan approved with the grant of the said Licence.


More Definitions of Development Licence

Development Licence means a licence granted under section 37;
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Development Licence means the licence issued in terms of section 10 of the Act;
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Development Licence means the licence issued by GOT to TPDC, pursuant to the Act, for the development, further exploration and right of sale or other disposition of Natural Gas and other Petroleum from the “Development Licence Area” as defined in Annex A. A copy of the Development Licence is attached as Xxxxx X.
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Development Licence means a licence granted under section 67;
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Development Licence means a licence authorising operations for and in connection with petroleum production;
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Development Licence means a licence for the development of Crown land for wild rice production; (« licence de mise en valeur »)
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Development Licence shall have the meaning ascribed to it by the Act;
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