ملف ١٩١٥/٢٢٤٩ الجزء ٤ "النفط: بلاد الرافدين وبلاد فارس. (ملف عام) ١٩٢٠-١٩٢٤" [و‎‎٨‎٥] (٤٨٤/١٦٩)

rarHOD 0? Si^ECTIOT! 01 ?
AREAS.
j
ROYALTY
n mm miA
9 annas per 40
gallons or 5
ad valorem on
the gross value
Exploration licences, pros-
peoting licences and Mining
leases are granted to British
subtle eta.. Iros *ectlng licences
£tre for one year which may he
extended to two years at the
discretion of the Governor,
’ining leases may include the
whole area of the prospecting
licences provided that the area
does not exceed 10 square miles.
revious
regulations
provided for a
royalty of 7 1
on all oil
raised buo if
there are no
producing wells
on adjacent
territory royal'
ty was only 5 .
:h.is has lately
"been revised
however and an
amended royalty
of IgP
substituted.
Prospecting licences and
Mining Leases are granted by the
Government, A prospecting licence
must cover an area in the form
of a rectangle of which no side
shall exceed two kilometres in
length* A lease may be granted
for one-fourth of the prospecting
area, and lessee shall have first
oution over remainder of area at
royult. fixed by Government not
exceeding 25;.. • Hot more than
•4 areas shall he held in one con
tiguous group, and no side of such
a group shall exceed 4 kilo etres
in length.
Rent for
ospec ting
3ence is £100
i: annum,
ler mining
ase £E-| per
3 tare
2,/- per ? .;on or
If of crude
production in
k i nd.
mxL.i)
'1) I arsons desirous of pros
pecting for petroleum must
notify the sub-Intendant of
.ends describing the tract of
land which it is desired to
explore and stating the boundaries,
a deposit of £2 is reauired.
^he Governor then grants an
Lxp1or at j on Licence if he.thinks
It "se sir able, and a geological
examination may be imde.
(2 ) I f t he ge ol ogioal eond it io ns
are found to be favourable to the
existence o petroleum the
applicant applies for a prospect
ing licence over a portion of the
area covered by fl). 4 deposit
of £5 must be paid and a rental
is olmrged. at the rate of l/-
per acre, "till partioulars mast
be given of the acreage and
boundaries of the area. This
licence entitles the prospector