Section

SECTION 72: Petroleum prospecting licence

Part of
Petroleum Industry Act 2021

(1) The holder of a petroleum prospecting licence shall, subject to the fulfilment of obligations imposed by this Act, have— (a) exclusive right to drill exploration and appraisal wells and non-exclusive right to carry out petroleum exploration operations within the area provided for in the…

Read the full section with Sanctum

Sanctum is the key to all NLC content: judgments, principles, statutes, rules and forms. Choose a plan from 1 month to 36 months.