Exploration license definition

Exploration license means a license issued by the Secretary of the Interior to conduct coal exploration operations on land subject to the Mineral Leasing Act, under 30U.S.C. 201(b), or subject to the Mineral Leas- ing Act for Acquired Lands, under 30 U.S.C. 351–360.
Exploration license means a license under s. 295.44.
Exploration license means the license required under s.

Examples of Exploration license in a sentence

  • Exploration license costs are capitalised within intangible assets.

  • Exploration license fee, production license fee, rent and other costs for retaining the mineral interests in properties, subsequent to the acquisition of the mineral interests in properties, are charged to the income statement.

  • Exploration license and leasehold property acquisition costs, geological and geophysical costs and costs directly associated with an exploration well and appraisal activities are capitalized as either tangible or intangible exploration and evaluation assets according to the nature of the asset acquired.

  • Exploration license fee, production license fee, rent and other costs for retaining the mineral interests in properties, subsequent to the acquisition of the mineral interests in properties, are charged to profit or loss.

  • Exploration license holders are required to submit reports on exploration at the end of the second, third and fifth years of the exploration period.


More Definitions of Exploration license

Exploration license means an exclusive right to explore for petroleum within a designated portion of an onshore area under and pursuant to applicable rules.
Exploration license means: an authorisation granted by the Member State to explore for oil and gas in the underground strata of the licensed area, but not to produce oil and gas for commercial purposes;
Exploration license means a document granting the right to prospect or conduct exploration as set forth in this law;
Exploration license means a license issued by the authorized officer to per- mit the licensee to explore for coal on unleased Federal lands.
Exploration license means the license required by s.
Exploration license means the license required pursuant to Section 1.04 as a condition of engaging in Exploration.
Exploration license means the official written authorization issued by the ICMM under Part III of the LMM.