Light Oil Exploration Areas definition

Light Oil Exploration Areas means the interests of Athabasca in approximately 95,000 net acres of land that are located in the Grande Prairie, Karr, Caribou, Glenevis, Rainbow Lake North and Rainbow Lake South areas in northwestern Alberta as at December 31, 2020.
Light Oil Exploration Areas means the interests of Athabasca in approximately 24,000 net acres of land in northwestern Alberta as at December 31, 2023.
Light Oil Exploration Areas means the interests of Athabasca in approximately 88,000 net acres of land in northwestern Alberta as at December 31, 2022.

Examples of Light Oil Exploration Areas in a sentence

  • During 2014, Athabasca also recognized $27.8 million of land expires in the Light Oil Exploration Areas, bringing the total Light Oil expiration and impairment charges to $102.2 million.

  • For the year ended December 31, 2014, Athabasca recognized an impairment loss of $74.4 million representing the full carrying value of the CGU in its Light Oil Exploration Areas.

  • For the year ended December 31, 2014, Athabasca recognized a full impairment loss of $74.4 million in its Light Oil Exploration Areas.


More Definitions of Light Oil Exploration Areas

Light Oil Exploration Areas means the interests of Athabasca in approximately 93,000 net acres of land that are located in the Grand Prairie, North Muskwa, South Muskwa, Caribou, Glenevis and Sawn Lake areas in northwestern Alberta as at December 31, 2015, which are more particularly described under “Description of Athabasca’s Business
Light Oil Exploration Areas means the interests of Athabasca in approximately 83,000 net acres of land that are located in the Grande Prairie, North Muskwa, South Muskwa, Caribou, Glenevis and Sawn Lake areas in northwestern Alberta as at December 31, 2016.
Light Oil Exploration Areas means the interests of Athabasca in approximately 2,211,000 net acres of land as at December 31, 2013, that are located in the Grand Prairie, North Muskwa, South Muskwa and Caribou areas in northwestern Alberta, which are more particularly described under “Description of Athabasca’s Business – Light Oil Division – Light Oil Exploration Areas”.

Related to Light Oil Exploration Areas

  • exploration area means that part of the Area allocated to the Contractor for exploration, described in schedule 1 hereto, as the same may be reduced from time to time in accordance with this contract and the Regulations;

  • Exploration means all activities directed toward ascertaining the existence, location, quantity, quality or commercial value of deposits of Products.

  • mining areas means the areas delineated and coloured red on the Plan marked “A” initialled by or on behalf of the parties hereto for the purposes of identification;

  • Exploration Operations means any operations carried out for or in connection with the exploration for minerals, and includes -

  • mining area means all those pieces of land containing two hundred and forty‑six (246) square miles or thereabouts situate in what is known to the parties as the “Xxx Xxxxx‑Siberia Nickel Laterite Area” the subject of the mineral claims applications for mineral claims and Temporary Reserves listed in the First Schedule hereto which are generally delineated and respectively coloured green and orange and red in the plan marked “X” signed by or on behalf of the parties for the purpose of identification;

  • CONE Area means the areas listed in Tariff, Attachment DD, section 5.10(a)(iv)(A) and any LDAs established as CONE Areas pursuant to Tariff, Attachment DD, section 5.10(a)(iv)(B).

  • Project Area means land or lands located within the incentive

  • Very high radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving an absorbed dose in excess of 5 Gy (500 rad) in one hour at one meter from a source of radiation or one meter from any surface that the radiation penetrates.

  • Production Area means that part of the animal feeding operation that includes the animal confinement area, the manure storage area, the raw materials storage area, and the waste containment areas. The animal confinement area includes, but is not limited to, open lots, housed lots, feedlots, confinement houses, stall barns, free stall barns, milkrooms, milking centers, egg washing or egg processing areas, areas used for the storage and disposal/treatment of mortalities, cowyards, barnyards, medication pens, walkers, animal walkways, and stables. The manure storage area includes, but is not limited to, lagoons, runoff ponds, storage sheds, stockpiles, under-house or pit storages, liquid impoundments, static piles, and composting piles. The raw materials storage area includes, but is not limited to, feed silos, and silage bunkers. The waste containment area includes, but is not limited to, settling basins and areas within berms and diversions which separate uncontaminated stormwater.

  • High radiation area means an area, accessible to individuals, in which radiation levels from radiation sources external to the body could result in an individual receiving a dose equivalent in excess of one mSv (0.1 rem) in one hour at 30 centimeters from any source of radiation or 30 centimeters from any surface that the radiation penetrates.

  • Refinery means a facility used to produce motor fuel from crude oil, unfinished oils, natural gas liquids, or other hydrocarbons and from which motor fuel may be removed by pipeline, by marine vessel, or at a rack.

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • Project area plan means a written plan that, after its effective date, guides and controls the development within a project area.

  • Exploration Well means a well that is not a development well, a service well or a stratigraphic test well.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • drilling means the act of boring a hole to reach a proposed bottom hole location through which oil or gas may be produced if encountered in paying quantities, and includes redrilling, sidetracking, deepening, or other means necessary to reach the proposed bottom hole location, testing, logging, plugging, and other operations necessary and incidental to the actual boring of the hole;

  • Redevelopment Area means the community redevelopment area described, defined or otherwise identified or referred to in the Redevelopment Plan.

  • Mine means to carry on an operation with a view to, or for the purpose of—

  • Mining means the mining, extracting, producing, handling, milling or other processing of Products.

  • Development Area means that area to which a development plan is applicable.

  • Drainage area means a geographic area within which stormwater, sediments, or dissolved materials drain to a particular receiving waterbody or to a particular point along a receiving waterbody.

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Radiation area means any area, accessible to individuals, in which radiation levels could result in an individual receiving a dose equivalent in excess of 0.05 mSv (0.005 rem) in 1 hour at 30 centimeters from the source of radiation or from any surface that the radiation penetrates.

  • Permit area means the area constituted by the blocks that are the subject of a permit;

  • the LA area means the area in respect of which is the local authority.

  • Urban areas means the areas covered by all Municipal Corporations and other Municipalities including the areas falling under the various Urban Development Authorities, Cantonment Authorities and industrial estates or townships, excluding the areas covered under Class-I Cities;