A Mod DIRECTIVES 067 and 065 Flashcards
D-067 ~ Applying for Approval as AER Licensee ~
REVIEW Before commencing ANY activity /business
? required (from Petro Registry AB)
Party to BA code MUST sign declaration (3.6)
Indicating they understand ALL obligations under
applicable laws and regulations
- BA Code
- applications
- insurance coverage
*
Directive-065 ~ Resource Applications - REVIEW This is a “large” Directive (238+/- pages) several “Bulletins” announcing amendments NEW DRAFT posted Dec 2012 – for public feedback Please REVIEW this Directive & related bulletins Process & evaluation flow charts “Decision Trees”
This directive provides details on: How to ? to AER Applications for resource depletion Previously part 15 of Oil and Gas Reg’s
apply
Directive-065 ~ Resource Applications D-065 “Introduction section” states:
PURPOSE: AER has compiled this Directive to support a level playing field for all applicants
Applicants are expected to know and understand requirements and file accurate and complete applications
AER will NOT complete or missing requirements – they WILL check for completeness and accuracy
Directive-065
“What this Directive Contains” Resource applications – Schedule 1 registration form (must be completed on-line) Guidelines on ? requirements* 7 units addressing detailed information requirements for specific regulatory topics Appendices with additional info
notification
4-Step procedure for application review
- On-line registration
- C R C (on Refer status?)
- REVIEW - application delayed? Denied? Major or minor deficiencies?
- Evaluation – decision Notification Guidelines Special Well Spacing (IAR Query - IAR) (Unit # ??)
corporate record check
Summary -AER Application Directives D-067 and D-065
D-067 => provides details on how to become an approved AER ?
BA Code => approved licensee => authorized to ? for regulatory approvals
D-065 => provides details on how to acquire conventional ? & ? reservoir regulatory approval
- To access and produce minerals in a manner that is fair and ?
- Special spacing & Notifications
- May include Land Team
Licensee
apply
oil & gas
equitable
D-067
The BA Code is NOT an AER “Licence” to proceed with various activities. It is needed for the company to be allowed to submit? to AER for various activities.
applications
D-67 BA CODE con’t
BA Code: ?Business authorization code?
Authorizes Licensee to engage with AER
- Must be an individual or acceptable corporation with adequate i c
- Must pay a one-time non-refundable fee (unless exempt) of $?? ???
- Must sign a declaration confirming? a
- insurance covnerage
- $10,000
- accountability
Mission Impossible? AER
HOW does AER accomplish their Mission?
- R
- C
- A
- Regulate orderly development & safe practices •
- Control waste & manage production
- Address PUBLIC & ENVIRONMENTAL concerns
How does the AER accomplish their mission?
What is their mission?
- Regulate orderly development & safe practices •
- Control waste & manage production
- Address PUBLIC & ENVIRONMENTAL concerns
red water decision
2016 ACQB and ACC ruled that receivers and trustees can renounce their interest in insolvency cases this led to OWA’s inventory of wells increasing 300% (from 768 to 3100!!!)
2019 OWA appealed
A receiver or trustee is a seen as a licensee and MUST meet r_egulatory obligations_ and cannot walk away from the environmental obligations of the debtor company they are appointed over.
AER Application Directives D-067 and D-065
- D-067 = provides details on how to become an
-
approved AER Licensee
- BA Code – approved licensee = ? to apply for regulatory approvals
- D-065 = provides details on how to acquire conventional oil & gas reservoir
- regulatory approval to access and produce m in a manner that is ? and equitable
- Special spacing & Notifications may include Land Team
authorized
minerals
fair
