Module 1.4 Land Flashcards
Objective 1 Canadian Land History: The student will outline the major events in the history of land ownership as it pertains to Canada and, in particular, the Prairie Provinces.
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Objective 2 Land Ownership: The student will be introduced to land ownership: mineral and surface rights, freehold and Crown ownership of these rights and how oil companies obtain access to these rights.
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Objective 3 Surface Leases: The student will learn more about Surface Leases
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Objective 4 Alberta Surface Rights Board: The student will show understanding of the parameters that are used to calculate appropriate compensation when acquiring a surface lease.
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Objective 5 Mineral Leases: The student will be introduced to the relationship between the lessor (owner of the mineral rights) and the lessee (the oil company who obtains a lease from the lessor).
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Objective 6 Freehold Mineral Leases: The student will describe the major negotiable terms of a freehold mineral lease.
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Objective 7 Crown Mineral Leases: The student will learn about Crown mineral leases.
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Objective 8 Operatorship: The student will learn about the duties of the operator of a lease, well, or facility.
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Objective 9 Land Administration: The student will describe the responsibilities of land administration personnel.
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Objective 10 Contracts and Negotiations: The student will be introduced to the main types of inter-company land and joint venture agreements and the major terms in those agreements.
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Objective 11 Survey Systems: The student will list the land survey systems used within the western provinces and territories of Canada.
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Objective 12 Unique Well Identifier: The student will become familiar with the Unique Well Identifier.
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Objective 13 Dominion Land Survey Systems and Use of UWI: The student will become familiar with the Dominion Land Survey System and the use of a UWI to describe a located parcel.
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Objective 14 Base Map: The student will be introduced to a base map.
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Objective 15 Well Name: The student will be introduced to the well name.
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Question 1:
D)
Question 2:
D)
Question 3:
D)
Question 4:
D)
Question 5:
C)
Question 6:
B)
Question 7:
B)
Question 8:
A)
Question 9:
D)
Question 10:
A)
Question 11:
D)
Question 12:
B)
Question 13:
D)
Question 14:
C)
Question 15:
B)