Oil Sands - Diagrams and Flowcharts (Tenure)
Diagram, Figures, and Examples ![]()
Figure 1: The posting cycle for a public offering normally takes 17 weeks.
Figure 2: The agreement includes nine sections.
Figure 3: Two options are available to the agreement holder
Figure 4: This agreement includes six sections
Figure 5: Six evaluation wells are required
Figure 6: This agreement includes nine sections or partial sections.
Figure 7: This agreement requires 9.6 km of seismic line (3.2 on each
Figure 8: As there are only five evaluation wells drilled,
Figure 9: This lease includes 9.25 sections.
Figure 10: Although this 9.25-section lease has a producing well
Permit and Lease Evaluation & Continuation Process
Map Oil Sands Escalating Rent Areas A & B
Table 1 The escalating rent payment schedule
Table 2: Allocation Factors
Table 3: The Timing Eligibility for Allowable Costs




