What method have you used to calculate the rehabilitation cost estimate? Attach your cost calculation to this application. Department’s . Other use the field below to describe the tool or cost guide you have used. – What period is covered by the estimate? Current disturbance at date of application Statement of undertaking to comply with the Act Provide evidence of the applicant/s ability comply with the of the Petroleum (Onshore) Act 1991 and the regulations relating to a petroleum assessment lease. I have attached evidence of the applicant/s ability to comply with the Act. Assessment of petroleum resources/reserves within the land Provide particulars of resources/reserves of petroleum within the area, its status (at least 1C, 2C or 2C Resources), estimate of oil/gas in place and recoverable and the methods used in obtaining such information. The estimation of reserves and resources must be completed in accordance with the Society of Petroleum Engineers, Petroleum Resource Management System (). I have attached an assessment of the petroleum resources/reserves. Fee payment Provide payment, proof of payment or details that allow the payment to be made. Refer to of the Petroleum (Onshore) Regulation 2007 for a list of legislated fees. Fees and fee calculation The application fee amount is $50,000
What method have you used to calculate the rehabilitation cost estimate? Attach your cost calculation to this application. Department’s . Other – use the field below to describe the tool or cost guide you have used. What period is covered by the estimate? Current disturbance at date of application Statement of undertaking to comply with the Act Provide evidence of the applicant/s ability comply with the of the Petroleum (Onshore) Act 1991 and the regulations relating to a petroleum assessment lease. I have attached evidence of the applicant/s ability to comply with the Act. Assessment of petroleum resources/reserves within the land Provide particulars of resources/reserves of petroleum within the area, its status (at least 1C, 2C or 2C Resources), estimate of oil/gas in place and recoverable and the methods used in obtaining such information. The estimation of reserves and resources must be completed in accordance with the Society of Petroleum Engineers, Petroleum Resource Management System (). I have attached an assessment of the petroleum resources/reserves. Fee payment Provide payment, proof of payment or details that allow the payment to be made. Refer to of the Petroleum (Onshore) Regulation 2007 for a list of legislated fees. Fees and fee calculation The application fee amount is $50,000
PAL1-Application-for-Petroleum-Assessment-Lease.docx