Emerging Issues in East Coast Oil and Gas Development
AbstractThe authors discuss recent developments in oil and gas production in Newfoundland and Nova Scotia and the legal and regulatory regimes which affect both interest holders and oil and gas practitioners. The authors pay particular attention to jurisdictional issues arising from the intersection of federal and provincial legislation and clarify when particular legislation does or does not apply. The authors then examine the legal requirements for the approval of and implementation of oil and gas development plans, the impact of provincial royalty and tax regimes on development, and the criteria for the granting of significant discovery licenses. Finally, the authors discuss the roles of provincial and federal bodies with respect to regulatory and environmental inter-jurisdictional issues.
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