Canada Oil and Gas Land Regulations (C.R.C., c. 1518)
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Regulations are current to 2024-08-18
SCHEDULE II(ss. 40, 42 and 80)
Deposits
Column I | Column II | |
---|---|---|
Period | Deposit | |
1 | The first 18-month period of the original term in the case of a permit referred to in subsection 36(1), (2), (3) or (5) or paragraph 36(6)(b), | $0.05 for each acre to be included in the permit. |
2 | The first 36-month period of the original term in the case of a permit referred to in subsection 36(4) or paragraph 36(6)(a), | $0.05 for each acre to be included in the permit. |
3 | The second 18-month period of the original term in the case of a permit referred to in subsection 36(1), | $0.15 for each acre included in the permit. |
4 | The 30-month period of the original term next following the first 18-month period of the original term in the case of a permit referred to in subsection 36(2), (3) or (5) or paragraph 36(6)(b), | $0.15 for each acre included in the permit. |
5 |
| $0.15 for each acre included in the permit. |
6 |
| $0.20 for each acre included in the permit. |
7 | The first renewal period of a permit referred to in subsection 36(1) or (2); and the second renewal period of a permit referred to in subsection 36(3) or (4), | $0.30 for each acre included in the permit. |
8 |
| $0.40 for each acre included in the permit. |
9 | The third renewal period, except for a permit referred to in subsection 36(5) or (6), | $0.50 for each acre included in the permit. |
10 | The fourth renewal period, | $0.50 for each acre included in the permit. |
11 | The fifth renewal period, | $0.50 for each acre included in the permit. |
12 | The sixth renewal period, | $0.50 for each acre included in the permit. |
13 | The period of an extension granted pursuant to section 39, | $0.10 for each acre included in the permit. |
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