exploration licence definition

exploration licence means an exploration licence under Part 2 of the Mineral Resources Development Act 1990; S. 3(1) def. of "fish" inserted by No. 40/2002 s. 3(a).
exploration licence means a licence under this section authorising the licensee to explore for mineral resources of a description specified in the licence in an area so specified;
exploration licence means a licence issued under section 34 and includes any renewal of such licence;

Examples of exploration licence in a sentence

  • Affiliate and have agreed to carry out Hydrocarbons Operations in Block 5 under the terms and conditions of the Contract and have been granted a Hydrocarbons Exploration Licence for Block 5 (the “Licence”).

  • If no request for renewal is made as provided above, this Contract shall terminate at the end of the then current Exploration Phase and the Exploration Licence shall be automatically cancelled.


More Definitions of exploration licence

exploration licence means the Licence for exploration and exploitation granted by the Government of Greenland by its signing of this document.
exploration licence means an Exploration Licence as defined in section 1(1) of the Petroleum Act;
exploration licence means an exploration licence granted under section twenty-three;
exploration licence means an exploration licence issued under section 40;
exploration licence means a licence granted under section 12;
exploration licence means a licence to explore for petroleum granted under the provisions of section 16;
exploration licence means an exploration licence granted by the Minister under section 71;