OC2021-219
2021-08-19
Industry, Energy and Technology
Executive Council Act and Petroleum and Natural Gas Act
Under the authority of section 11 of the Executive Council Act and section 33 of the Petroleum and Natural Gas Act, the Lieutenant-Governor in Council is pleased to authorize the execution and delivery of an Agreement with Terra Nova Project Interest Holders to clarify the application of a royalty calculation provision for Tier II royalty, substantially along the lines as on file with the Clerk of the Executive Council.