Directive 065: Resources Applications for Oil and Gas Reservoirs ...

5.2 Change of Approval Holder
5.2.1 Background
In accordance with Section 15.005(1)(f) of the Oil and Gas Conservation Regulations, the
operator of a scheme approved under Section 39 of the Oil and Gas Conservation Act should
apply to amend the approval to show the change of holder of the approval if the scheme has
been sold or divested.
5.2.2 Requirements for an Application for a Change of Approval Holder
Requirements
Comments
1) Approval number. It is important that companies purchasing
new properties in Alberta understand the
terms and conditions of the scheme and that
they update the appropriate ERCB
documents. This also enables ERCB staff to
effectively conduct appropriate surveillance
of the scheme.
You may use the Transfer of Approval form
in Appendix D.
2) Field and pool named on the approval.
3) Statements by the present holder and the
proposed new holder agreeing to the change.
4) A statement by the proposed new holder
stating the circumstances giving rise to the
application.
5) A statement by the proposed new holder
stating that he/she is aware of the details of
the scheme and is prepared to carry out the
scheme.
6) If the present holder no longer exists,
evidence that the proposed new holder is the
proper person/company to assume
responsibility for the scheme, with a Gazette
reference that the present holder is no longer
in existence.
5-2 • ERCB Directive 065: Resources Applications / Approval Holder (October 2011)