Module 1.4 Land Flashcards

1
Q

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.

A

Pg 3

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2
Q

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.

A

Pg 5

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3
Q

Objective 3 Surface Leases: The student will learn more about Surface Leases

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Pg 8

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4
Q

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.

A

Pg 10

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5
Q

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).

A

Pg 12

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6
Q

Objective 6 Freehold Mineral Leases: The student will describe the major negotiable terms of a freehold mineral lease.

A

Pg 14

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7
Q

Objective 7 Crown Mineral Leases: The student will learn about Crown mineral leases.

A

Pg 16

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8
Q

Objective 8 Operatorship: The student will learn about the duties of the operator of a lease, well, or facility.

A

Pg 18

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9
Q

Objective 9 Land Administration: The student will describe the responsibilities of land administration personnel.

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Pg 19

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10
Q

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.

A

Pg 21

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11
Q

Objective 11 Survey Systems: The student will list the land survey systems used within the western provinces and territories of Canada.

A

Pg 23

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12
Q

Objective 12 Unique Well Identifier: The student will become familiar with the Unique Well Identifier.

A

Pg 26

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13
Q

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.

A

Pg 27

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14
Q

Objective 14 Base Map: The student will be introduced to a base map.

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Pg 39

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15
Q

Objective 15 Well Name: The student will be introduced to the well name.

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Pg 41

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16
Q

Question 1:

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D)

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17
Q

Question 2:

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D)

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18
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Question 3:

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D)

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19
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Question 4:

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D)

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20
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Question 5:

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C)

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21
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Question 6:

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B)

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22
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Question 7:

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23
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Question 8:

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A)

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24
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Question 9:

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D)

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