Canada Oil and Gas Operations Act

Marginal note:Notice — as soon as feasible

• 48.12 (1) If the data obtained from any drilling in the perimeter provides sufficient information for the Commission of the Canadian Energy Regulator to determine whether a pool exists, the Commission shall notify each appropriate regulator as soon as feasible of its determination.

• Marginal note:Notice — after three drillings

  (2) If no notice is given under subsection (1), the Commission of the Canadian Energy Regulator shall, no later than one year after the day on which it receives data from the last of three drillings of the same geological feature in the perimeter, notify each appropriate regulator of its determination or that there is insufficient information to make a determination based on the data from those drillings.

• Marginal note:Notice — transboundary pool

  (3) If the Commission of the Canadian Energy Regulator determines that a pool exists, the Commission shall also specify in the notice whether or not there is, in its opinion, reason to believe that the pool is transboundary.

• Marginal note:Reasons

  (4) The Commission of the Canadian Energy Regulator shall provide each appropriate regulator and the Minister with the reasons for its determination and opinion.