Registration arrangements are aimed at maintaining a comprehensive and up-to-date register of granted titles and related transfers and dealings affecting those titles. The Petroleum, Geothermal Energy and Greenhouse Gas Storage Act 1967 (PGEGGSA), Petroleum and Greenhouse Gas Storage (Submerged Lands) Act 1982 (PGGS(SL)A) and the Petroleum and Greenhouse Gas Pipelines Act 1969 (PGGPA) all contain provisions with respect to the registration of transfers and dealings relating to titles.
Registration of a dealing
An application for approval and registration of a dealing affecting a title should briefly and clearly set out the following information:
- the effect or effects of the dealing as specified in the Act (e.g. unconditional farm-in, amended joint operating agreement etc.)
- any proposed participating interests in the title of each party to the dealing
- relevant prior dealings
- the consideration for the dealing, including the consideration for relevant prior dealings
- the nature of any related corporations and the other factors necessary for consideration as to whether a related corporations registration fee is appropriate
- any other matters to help determine the appropriate registration fee.
If a commercial transaction involves a dealing affecting more than one title, a separate application must be lodged for approval of the dealing for each affected title.
To apply for a dealing affecting a title, complete the relevant online application via the Petroleum and Geothermal Register (PGR). Dealing Summaries are available for download below or as part of Energy Titles forms and templates.
PGEGGSA
PGGS(SL)A
PGGPA
Transfer of title
An application for approval of a title transfer may be lodged by any of the parties to the transfer. The application should clearly set out the following information:
- names of the companies that will hold the title and details of the proposed participating interests of those companies
- any prior dealings relevant to the approval
- details of the consideration for the relevant prior dealings
- the nature of the related corporations and the other factors necessary for considering whether a related corporations registration fee is appropriate
- any other matters to help determine the appropriate registration fee.
If a commercial transaction involves the transfer of more than one title granted, a separate application must be lodged for each title being transferred.
To apply for the transfer of a title, complete the relevant online application via the Petroleum and Geothermal Register (PGR). Instrument of Transfer forms are available for download below or under Energy Titles forms and templates.
The following forms are approved under the Petroleum, Geothermal Energy and Greenhouse Gas Storage Act 1967 (PGEGGSA), Petroleum and Greenhouse Gas Storage (Submerged Lands) Act 1982 (PGGS(SL)A), and the Petroleum and Greenhouse Gas Pipeline Act 1969 (PGGPA).
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